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.

Poll: January sales 'not worthwhile for shoppers'

Most Britons believe shopping in the January sales is not worthwhile because discounts are available all year, an ITV News poll has found.

Most British shoppers feel that the January sales are 'redundant'. Credit: PA Wire

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.

John Lewis & House of Fraser enjoy strong Christmases

John Lewis outperformed many of its rivals over the Christmas period. Credit: PA Wire

John Lewis has reported buoyant trading over Christmas with like-for-like sales climbing 6.9 percent over the five weeks to December 28.

House of Fraser also performed well in the festive period, hailing its best ever Christmas with comparable store sales up 7.3 percent.

Read: Debenhams finance chief quits after profit warning

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