Half-price Christmas: The High Street Panic Frenzy

10 December 2008

http://img408.imageshack.us/img408/1188/article002b4a9ec000005dxu6.jpgIt's time to have yourself a merry little Christmas now, as High Street panic sets off a chain of price slashes this winter for a good bargain hunt.

The first day of Woolworths going-out-of-business sale, the chain made  nearly £25m, the largest single day's takings in the 99 years they were in business.  Certainly some motivation for other retail stores, who are now feeling the pressure to hit their christmas targets. 

As a result, a ‘battle of the bargains’ has been triggered, according to This is Money.  Retail stores like Argos, Halfords, Boots, Toys R Us, Comet, Currys and B&Q are all promoting half off deals this Christmas. With Woolies' closing out, prices are being slashed by up to 50% off, and Woolworths‘ sources believe that prices will come down even more before it is all over.

If you've found any good christmas bargain shopping basements now, let's hear them here!

[This is Money]

TOPICS:   Christmas


  • Matt S.
    R.I.P. Woolworths How many times have you had a conversation with the words "I bet woolies has it" It was the shop with no target audience and no genre, where you could buy anything from CDs, toys, shoelaces, a replacement bath plug, a toaster, pick n mix, kids clothes, a drill, an xbox, to dylon dye and in the not too distant past, yes you could actually buy wool.
  • Joff
    Matt S - the problem is that these days, Tesco is the place where you can buy all those things along with your weekly shopping. I'm happy to blame Tesco. Corporate scum. Bah humbug.
  • Woolworths C.
    Hi there be honest Woolworths were even beaten by 99p and poundland That Why they Closed down
  • dave
    I shop at ASDA and prices are very low thats why woolworths had problem because of prices and product
  • Robin
    Jack of all trades, master of none. Woolworths is one of the best examples of this phrase in recent times. Yes, they sold all sorts of things, particuarly in the last 7 odd years when it broke away from Kingfisher, but it never really had a focused identity or sector. Yes you could buy a console there but you'd probably go to Game Yes you could buy CDs there, but you'd probably go to HMV Yes you could buy cards & magazines there but you'd probably go to Smiths Yes you could buy toys and board games there but you'd probably go to Toys R Us Yes you could buy a drill there but you'd probably go to B&Q The rise and rise of supermarkets probabaly finished it off.
  • simonb
    i use to think business was business and strongest survive but am now at the conclusion that big companies ie tesco damage it for the consumer and the community. They sell the thing that are going to make them money ie fallout 3, harry potter books, new Britney album but if you want a old computer game or the new book by jr heartly or album by a lesser well group you'll miss the day of the small shops that catered for these minorities that were forced out by the big companies taking their main profit and leaving with them with nothing to survive on. Down where we live i think we will miss Woolworth. Whether you want a sewing thread, dye, heel for your worn out shoes, ironing boad, china tea set you could get it there. I now use my local hardware shop which offers excellent service, is more often than not cheaper than B and Q, cuts keys, is polite. It's a shame these shops will go out of business providing for the local community which is more often than not the ones that will travel miles to go to a more expensive superstore. because theve got £1 of paint and then goto the local shop because they need a pack of nails and then say to the shop keeper "please dont close because you always have what i need". So next time you use your local shop look around and try to buy it from them. If you cant get it there ask the owner if he can get it. if not go elsewhere. but next time you want a special book and cant get it it might have been because you bought harry potter from tescos.
  • phatboy123
    /\ well said simonb
  • Mike H.
    The problem isn't the supermarkets, it's the consumer, we decide where to buy.
  • Bob
    It's simple economics, if you can't supply what consumers want, at a price they want, then be prepared to go bankrupt.
  • well w.
    It’s simple economics, if you can’t supply what consumers want, at a price they want, then be prepared to go bankrupt....quote Shame that doesent apply to the banks and building society's and possibly the car industry that would have gone bust and ordinary people loose out. if your talking immediate economics than your right but thinking like that got us into this situation. A wider view is necessary. from old people going to their local newsagent for milk, to people who live in remote part of the country these are essential services. if money rule everything and it's god perhaps we should all go out and mug people. The government took the stand that helping banks etc was better than the consequences than letting the company going to ruin. people should have this view when shopping., otherwise in the long term they'll loose out.
  • Liam
    I went and it was packed with scrotes buying up crockery. I wanted some games and all they were offering was a lousy 10% off the RRP. Games, DVD's and Electronics don't expect fantastic deals on. These can be easily sold off to other suppliers at knock down prices without having to go through retail.
  • SusanB
    Some years ago I went for a job at Woolies HO as a merchandiser (they choose which items to sell & at what price). I had worked at other well-known high street retailers in the same job and so had bags of experience. They asked me what I would change about the stores & product ranges, and after I had said a few things, proceeded to tell me that they knew what their customers wanted and that I obviously didn't. Needless to say I didn't get the job, but it would have been pretty thankless trying to work in that kind of environment, so not unduly unhappy. Woolies was arrogant and didn't move with the times. They also sold off some of their prime sites and then had to rent them back which increased their costs long-term. So I only feel sorry for the shop staff who will probably lose their jobs now.

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