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Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

UK Christmas Eve Shopping Sales 2011, High Street 75% Discounts: 24th Dec

Personal_Finance / Shopping Dec 24, 2011 - 12:36 AM GMT

By: Nadeem_Walayat

Personal_Finance

Best Financial Markets Analysis ArticleUK Shoppers are continuing to enjoy deep discounts as distressed retailers have brought forward their traditional boxing day sales several days early by offering discounts of as much as 75% in an attempt to boost consumer interest as so far December retail sales have failed to live upto retailer expectations. Christmas Eve is expected to see record shopping during the limited opening hours which will be further boosted by very mild weather for the time of year.


As Britain's high streets closes today for the Christmas holiday, the sales will not stop as the focus shifts to online, especially as those retailers that have so far held off on starting their sales will open their online doors ahead of their high street stores on boxing day, this most notably includes NEXT, John Lewis, Marks & Spencer and PC World / Curry's.

The following is a list of in-store and online sales (unless otherwise indicated) for at least 50% off with many retailers advertising sales of upto 75% off, and as soon

SALES Starting Today Christmas Eve - Saturday 24th Dec

  • John Lewis - Online only from 5pm
  • Harrods - Online only from 6pm
  • House of Fraser - Online only from 12pm
  • Marks and Spencer Online from 5pm
  • NEXT - Online only from 3pm
  • PC World / Curry's - Online only.

SALES ALREADY IN PROGRESS

Expect the shops on Christmas Eve to be full to bursting point as a record number of retailers have started their sales earlier than usual.

  • Argos
  • Asda - Online only
  • ASOS - Online only
  • Austin Reed
  • Banana Republic
  • BHS
  • Clarks
  • Coast
  • Comet
  • Debenhams - Online only
  • Early Learning Centres
  • French Connection
  • GAP
  • Halfords - Online only
  • Homebase
  • H&M
  • Laura Ashley
  • Matalan - Online only
  • Monsoon - Online only
  • New Look
  • Oasis
  • Sports Direct
  • TK Maxx
  • Tesco
  • TopShop
  • Toys R Us
  • WH Smith

SALES Starting Christmas Day - Sunday 25th Dec

SALES Starting Boxing Day - Monday 26th Dec

  • Amazon - Online only
  • Asda
  • Debenhams
  • Dorothy Perkins
  • Habitat
  • House of Fraser
  • Matalan
  • New Look
  • Next
SALES Starting Tuesday 27th Dec
  • Harrods
  • IKEA
  • John Lewis

To be Confirmed

  • Zara

SALES Tips

  • Compare prices on your internet smartphone before buying to make sure that you actually are getting a bargain.
  • The biggest reductions come towards the end of the sales season, i.e. Christmas stock can go from 33% off to 50% off to 70% off to 80% off over the week after Christmas.
  • Use a cash back credit card such as Capital One Circle to earn cash back.
  • Make a list of items that you really need to prevent buying of junk.
  • Look for discount vouchers in newspapers.
  • Set yourself a budget and don't go over it.
  • Don't get into debt, there is no point saving 25% in the sales then paying 25% and beyond interest on purchases during 2012!

Source and Comments: http://www.marketoracle.co.uk/Article32301.html

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2011 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of three ebook's - The Inflation Mega-Trend; The Interest Rate Mega-Trend and The Stocks Stealth Bull Market Update 2011 that can be downloaded for Free.

Stocks Stealth Bull Market Ebook DownloadThe Interest Rate Mega-Trend Ebook DownloadThe Inflation Mega-Trend Ebook Download

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

toby
24 Dec 11, 05:24
Paper Gold and Physical Gold divergence

Hi Nadeem,

Thanks for your article as always,

I just wanted to get a quick take from you on whether or not you have noticed that a divergence between paper gold and physical gold price is happening, due to all the fraud at comex, mfglobal and sovereigns claiming physical gold back etc, and whether you see this as potentially something that could end up having ramifications worldwide.

Merry Christmas to you and your family.

Toby


Nadeem_Walayat
24 Dec 11, 08:33
Gold divergence

Hi Toby

I don't see any abnormal divergence between bullion and nearest futures.

The divergence between GLD ETF and Gold bullion is within the normal volatility range of the past 5 years, they remain highly correlated, the same goes for Silver and SLV.

Where is this divergence ?

Best for the hols.

NW


Diogo
24 Dec 11, 19:17
Zara Sales Date

Good evening, I work at Zara in UK.

Sales starting 26th.

Cheers


Toby
25 Dec 11, 12:53
gold divergence

Hi Nadeem,

The divergence is happening with the hands on physical price of bullion and not what used to be deemed as physical, the futures contracts which is still in tow as you say.

After MFglobal and rehypothecation stories dealers, investors & countries with apparent stored gold are realising to the fact the comex is fraudulent. They all want hands on physical not just fraudulent numbers for stored bars,

In the last 2 months comex official figures show 69 tonnes standing, but no gold as entered the dealer whatsoever.

would you agree that rehypothecation fraud of commodities could take down banks and countries with it as people, institutes, countries scramble for what they thought was their physical gold but its vanished just like mfglobal. the comex should have defaulted by now and are staying a float by rehypothecation

Hope you had a good Christmas day.

All the best


Nadeem_Walayat
25 Dec 11, 15:06
Gold Bullion

Hi Toby

Gold bullions at bullion vault is still trading at $1605.

If what you say was happening it would be a lot higher.

I think the rehypo stories have made a difference to the gold price but only for maybe $2, or $3, nothing significant. there are so many other factors involved such as competing safe-havens that one story or factor cannot wag the gold dog.

All the Best for the hols.

NW


Toby
28 Dec 11, 03:33
Gold Bullion

Bullion vault use allocated bars stored in bank vaults. Would you trust the banks?

The bars will be allocated all over the place. (same as mfglobal customers gold)


Nadeem_Walayat
28 Dec 11, 08:55
Gold and collapse

This is my argument, that gold during economic collapse is pretty much useless regardless of where it is.

wealth is far better off in tins of food under collapse circumstances

Best

NW


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