Record Black Friday discounts for shoppers as locked-down stores slash online prices by 70 per cent

Record Black Friday discounts for shoppers as locked-down stores slash online prices by 70 per cent

11/23/2020

SHOPPERS can snap up record Black Friday discounts already as locked-down stores slash online prices by up to 70 per cent.

Crisis-hit high street names have made extreme web price cuts to avoid being stuck with a mountain of stock as Lockdown 2 robbed them of four weeks’ bumper pre-Christmas trading.

Insiders say discounts have never been this big five weeks from Christmas — with an unprecedented number of retailers holding sales.

It beats the five in ten stores that accountants PwC said were on sale a week before Black Friday last year.

Online-only shops have also begun mega deals to compete with high street brands’ promotions.

Price cuts around 70 per cent include Sports Direct’s Pierre Cardin shirt, a Jasper Conran suit at Debenhams and The Entertainer’s Funko Pop! toy.

Fifty per cent off deals include WHSmith’s Code Name Bananas book by David Walliams and ao.com’s robotic vacuum cleaner.

Currys has chopped 34 per cent off Samsung 43in smart 4K TVs.

High street chains are switching stock from shut-up stores to warehouses to ease delivery delay fears.

But experts said desperate shops’ price cuts will wipe profit margins.

Professor Joshua Bamfield, of the Centre for Retail Research, said: “Shops bought stock not knowing there would be a second lockdown so do not have time to sell some of it.

“It means discounts before Black Friday are bigger than before as retailers try to sell goods online.

“Online retailers are also competing and offering discounts now. The problem is reducing prices also reduces profits.”

British Re­tail Consortium boss Helen Dickinson said: “Retailers thought they were finding their footing then the second lockdown in the crucial Christmas trading period threw away the progress.”

  • All prices correct at time of going to press

Fashion

DEBENHAMS

Vero Moda floral-print “Nuka” midi skirt

WAS: £32 NOW: £9.60 SAVE: £22.40

SPORTS DIRECT

Pierre Cardin men’s corduroy shirt

WAS: £32.99 NOW: £7.50 SAVE: £25.49

ASOS

DesignB London Exclusive two-pack face covering

WAS: £14 NOW: £5.60 SAVE: £8.40

DEBENHAMS

J by Jasper Conran textured wool-blend tailored-fit suit jacket

WAS: £165 NOW: £44 SAVE: £121

Home

ARGOS

Argos Home Avalon kingsize bed frame

WAS: £109 NOW: £72.59 SAVE: £36.41

M&S

Percale 300-thread-count double duvet cover

WAS: £60 NOW: £36 SAVE: £24

VERY.CO.UK

Boss Femme 75ml eau de parfum

WAS: £65 NOW: £32.50 SAVE: £32.50

DEBENHAMS

Three-seater Amalfi Velvet Arlo sofa

WAS: £1,350 NOW: £675 SAVE: £675

Technology

AO.COM

iRobot Roomba 965 Robotic Vacuum Cleaner, Grey

WAS: £699 NOW: £349 SAVE: £350

CURRYS

Samsung The Serif QE43LS01TAUXXU 43in Smart 4K Ultra HD HDR QLED TV

WAS: £899 NOW: £599 SAVE: £300

DYSON

Dyson V8 Absolute pro cordless vacuum

WAS: £399.99 NOW: £299.99 SAVE: £100

GAME

PS4 Gtx Pro Dragonscale Thumb Grips

WAS: £7.99 RRP NOW: £3.99 SAVE: £4

Stocking fillers

WHSMITH

Code Name Bananas book by David Walliams

WAS: £14.99 NOW: £7.49 SAVE: £7.50

AMAZON

BIC Kids Evolution ECOlutions pencils, pack of 24

WAS: £9.15 NOW: £5.63 SAVE: £3.52

THE ENTERTAINER

Funko Pop! Disney toy: Kingdom Hearts 3 – Goofy

WAS: £10 NOW: £3.33 SAVE: £6.67

ARGOS

Disney Toy Story 4 8in Forky

WAS: £30 NOW: £10 SAVE: £20

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