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UK retailers hope Cyber Monday pays off after flat-footed Black Friday

30 November | 06:06 AM | Guardian | Business

Britain’s retailers are hoping the flat reaction to Black Friday on the high street, when shoppers preferred trawling the internet to visiting a department store, will pay off on Cyber Monday as the pre-Christmas discounting spree moves online. Imported from the US like its Black Friday cousin, Cyber Monday is forecast to bring in more than £900m for online retailers – up nearly a third on last year.

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Swatch watch

Swatch, Visa launch pay-by-wrist watch venture

Swiss watchmaker Swatch SA, Visa Inc and Visa Europe have launched a project that lets Visa cardholders in the United States, Switzerland and Brazil make payments with Swatch's new "pay-by-the-wrist" Swatch Bellamy watch.

shopping bags - 4 colours

Getting By With Less Consumer Tracking in Retail

Heard about thin crowds in stores on Thanksgiving and Black Friday? Bricks and mortar retailers watch more than just sales figures during the holiday shopping season. They’re also tracking people passing by their stores, entering and moving within them. News reports on shopper traffic are not just casual observations. Somebody’s counting. Providers such as Shoppertrak, Nomi and InfraRed Integrated Systems automate the process.

Amazon image

Amazon Unveils New Drone Design Ahead Of Cyber Monday has a way of attracting interest around the holidays. On Sunday, the Seattle-based retailer revealed a new prototype for its Amazon Prime Air drone delivery program, which the company said is able to fly up to 15 miles and reach altitudes of 400 feet. The drone, which was featured in promotional footage on a company website, is designed to deliver packages within 30 minutes and looks like a hybrid of a helicopter and a more traditional fixed-wing airplane.

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British pounds and coins

Fury as Chancellor grabs £400m from High Street: George Osborne comes under fire after ending tax relief for small firms

The Government has clawed back more than £400 million from high street retailers in a move which has infuriated campaigners who have been fighting a losing battle to promote Britain’s battered town centres. Former high street tsar Mary Portas and retail veteran Bill Grimsey accused Chancellor George Osborne of a betrayal of the businesses that are working hard to keep high streets alive for local communities.

Retail Industry 210

Four-day shopping spree promises £3bn sales record for UK retailers

An epic four-day splurge by consumers shopping online is expected to result in retailers breaking sales records. Between Black Friday last week and the close of Cyber Monday, shoppers will have spent more than £3bn, analysts believe. Cyber Monday, like last week’s Black Friday, is an American-inspired phenomenon when US retailers offer discounts at the end of the Thanksgiving holiday season in a bid to kickstart a buying frenzy.

Neiman Marcus

Neiman Marcus' website fails on Black Friday forcing sale extention

On one of the biggest holiday shopping days of the year, things did not go so smoothly for specialty retailer Neiman Marcus. Shoppers hoping to snag deals on the department store's online site were disappointed much of Friday after the site appeared to be suffering from an outage for most of the day. Visitors the Neiman Marcus website were greeted with an error message informing them that 'We'll be back soon.'

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