Experts said a lack of consumer confidence lies at the heart of a lower spend both in shops and online.Read the full story ›
Shoppers are set to spend more than £2.6 billion - an 8% increase on the £2.4 billion spent last year - on November 24.Read the full story ›
The consumer group's testing found "concerning vulnerabilities" in four toys tipped to be top sellers in the festive season.Read the full story ›
Experts predict huge turnout by those looking for last minute gifts on what some see as the most stressful shopping day of the year.Read the full story ›
High street spending is set to reach £1.2 billion today as festive shoppers hit the stores on "Panic Saturday".
Thirteen million consumers will spend £2.1 million for every minute the shops are open on last-minute gifts and groceries at an average of £92.31 per person, according to a report by the Centre for Retail Research (CRR).
Parents are planning to cut back on Christmas parties so they can spend more on presents for their children, according to a new study.Read the full story ›
Retail expert Carmel Allen has told Daybreak that "shopping behaviour online has changed."
"When we first started shopping online price was the imperative thing and now it's very much, can I take it back? Is it easy to return?"
Retailers in the United Kingdom are expected to lose £1 billion over Christmas as a result of shoplifting and dishonest employees. Daybreak's Katy Fawcett reports.
Retailers in the United Kingdom are expected to lose £1 billion over Christmas as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released today by the Centre for Retail Research.
The report, funded by an independent grant from Checkpoint Systems, suggests that the losses incurred by the retail industry over this period could add an extra £38.09 to each UK family's shopping bill.
The report found that UK retailers could lose £522 million through shoplifting, £431 million through employee theft, and £47 million through vendor and distribution losses.
In total, the losses could represent a 3.4% per cent increase over the same period last year.
- Amazon.co.uk have predicted that Cyber Monday will be its biggest single day, with orders set to peak at 9.20pm.
- Marks & Spencer also said it was prepared for what it expects to be its busiest day of the year.
- Online analyst Experian expects UK consumers to make 115 million visits to retail websites on this year's Cyber Monday, an increase of 36% on last year.
- Asda Direct says it is expecting to see a 50% spike in traffic to its electronic equipment retail section, compared with a normal Monday.
- CD sales are also expected to increase by 70%, while some popular DVD titles are due for a 50% rise, the retailer said.
- John Lewis have reported a record week for its online sales, soaring to £37.9 million, and the third best ever week for John Lewis department stores, topping £124.2 million.