bargain conscious consumers armed with smartphones trolling for bargains, it is difficult for companies to raise prices. Black Friday saw increased competition from Cyber Monday. Lending has been anemic in the U.S. but that is changing. Commercial
LONDON, Jan 27 (Reuters) - Britons literally fell over themselves for " Black Friday " bargains in November, so retailers need to make the discount day imported from across the Atlantic work for the industry.
LONDON, Jan 22 (Reuters) - Britain's Royal Mail announced an improved performance at its key parcels business over a busy Christmas period, helped by price promotions, the Black Friday retail rush and its own longer business hours in an increasingly competitive market.
* Says Black Friday now bigger than Boxing Day (Adds detail, analyst comment, updates shares)
LONDON, Jan 15 (Reuters) - Britain's biggest household goods retailer Home Retail missed sales forecasts for its Argos and Homebase chains over Christmas as the shopping frenzy sparked by Black Friday skewed demand later in the holiday season.
Bed Bath & Beyond's third-quarter report, which accounts for the period ending Nov. 30 (capturing Black Friday , but missing December's holiday push), came slightly below management's previous guidance, leading shares to fall 4
Jan 7 (Reuters) - Below is a summary of how Britain's retailers fared over Christmas, the busiest trading period of the year, which was given a kick start by discounts on " Black Friday ", Nov. 28, and ended with post-Christmas clearances.
* Like for like sales rose 4.8 pct in five weeks to Dec. 27
LONDON, Jan 5 (Reuters) - Sales at Britain's biggest department store group John Lewis rose nearly 5 percent in the five weeks to Dec. 27, driven by the " Black Friday " frenzy at the start of the period and by last-minute Christmas gift-buying at the end.
already taken off, making it challenging to capture the full benefit of the upswing. Think of it this way. Every Black Friday , merchandise is discounted to such an extent that thousands of bargain shoppers are willing to camp overnight in parking