Debenhams finance chief quits after profit warning
The finance director of Debenhams has quit days after the retail company issued a massive profit warning after poor Christmas sales. But both John Lewis and House of Fraser enjoyed buoyant festive trading.
Most Britons believe shopping in the January sales is not worthwhile because discounts are available all year, an ITV News poll has found.
According to the ITV News Index carried out by ComRes, seven in ten (71%) agreed that the concept of the January sales seems redundant, while more than half (52%) said the hassle of the sales was not worth the savings made.
Despite this, 61% of respondents agreed that it is possible to find genuine bargains in January.