David Prosser: Christmas sales melt away despite the thaw
Wednesday 15 December 2010
Outlook The cost of the wintry weather of the past few weeks mounts by the day – a string of companies warned they had taken a hit yesterday, while M&S added its name to the list of businesses that now feel unable to commit to making deliveries in Scotland.
The question is whether these lost sales will come back once the country begins to thaw.
In some cases, the answer is an obvious no – Betfair, for example, warned of lost revenue because of cancelled race meetings, which will not be reorganised. Elsewhere, the picture is less clear: Christmas shopping has got off to a slow start, but maybe we'll see much stronger sales in the final week or so to compensate for this.
Unfortunately, the omens are not encouraging. Footfall figures published yesterday by Experian reveal that the weekend just gone was a huge improvement on the previous weekend in terms of the numbers of shoppers out and about. But its regional breakdown also reveals that in almost every area of the country, including places where the snow has melted, footfall was down on the corresponding weekend of last year. There is an awful lot of catching up still to be done.
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
New era of cheap oil 'will destroy green revolution'
Nigel Farage's approval rating hits record low as popularity suffers in wake of Ukip sex scandal
Ukip founder Alan Sked and Nigel Farage 'begged Enoch Powell to stand as a candidate'
iJobs Money & Business
£32000 - £35000 per annum + benefits: Ashdown Group: Marketing Services Manage...
£Neg. (DOE) + Excellent Benefits: Guru Careers: A Finance Account Manager with...
£40000 - £470000 per annum + bonus: Ashdown Group: Java Developer / J2EE Devel...
£45000 - £55000 per annum + Benefits: Ashdown Group: An exciting opportunity h...