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You're Welcome

Posted: Sat Nov 29, 2014 11:38 pm
by Lord Jim
Black Friday Embrace by British Retailers Brings Discounts and Disorder

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LONDON — Black Friday, virtually unknown here just a few years ago, has tightened its grip on British retailing, bringing with it scenes of disorder and chaos, at least two arrests and police criticism of the big stores that encourage shopper frenzy.

Officers were called out in several cities across Britain on Friday as thousands of shoppers stampeded into stores lured by large discounts.


A Tesco store in Stretford, near Manchester in northern England, was closed after fights broke out between shoppers, and a woman suffered minor injuries after being hit by a falling television. The police were also called to restore order at three Tesco stores in London, and there were reports of other incidents in cities including Cardiff, Wales.

But while some of Britain’s most exclusive stores have stood aloof, a growing number of retailers have imported the idea as a way to kick-start the Christmas spending spree on the fourth Friday of November. The innovation has paid off, prompting a one-day sales surge of around 10 percent for British retail sales, experts say.

Visa, the credit card association, predicted that on Friday in Britain about 360,000 pounds, or $568,000, would be spent every minute — or about £6,000 every second — using its cards. Visa also predicted a big upward spike in online sales, saying it expected to process 8.5 million British online transactions, which would be an increase of more than one-fifth over the same day a year ago.

But the new marketing push came at the cost of some disorder early in the day, particularly in and around Manchester, where the police made two arrests after being called to seven Tesco stores around midnight as the discount offers began.

The Chief Constable of Greater Manchester Police, Peter Fahy, described the problems as “totally predictable” and added that he was “disappointed that stores did not have sufficient security staff on duty.”

“This created situations where we had to deal with crushing, disorder and disputes between customers,” he said in a statement. “It does not help that this was in the early hours when police resources are already stretched.”

Tesco, one of Britain’s biggest retailers, said it had offered Black Friday price reductions of up to 70 percent in some of its larger stores for the first time this year, after testing online discounts successfully in 2013. Of around 600 stores that took part, only a small number experienced problems, said Felicity Callaghan, a spokeswoman for Tesco.

“Black Friday is gaining in awareness in the United Kingdom,” Ms. Callaghan said. “This is when Christmas shopping starts and our customers can get some great deals before Christmas.”

Amazon, the multinational online retailer, is often cited as having imported Black Friday into Britain in 2010 when it first offered reductions on the fourth Friday of November. But according to Joshua Bamfield, director of the Center for Retail Research, an independent organization in Nottingham that studies the sector, the retail chain Woolworths experimented with the Black Friday idea in Britain before it went out of business in 2009.

Mr. Bamfield said that Black Friday discount promotions had added around £100 million to overall physical and online sales of around £900 million on the fourth Friday of November in Britain last year and were expected to add £200 million this year, with more than a dozen big retailers thought to be taking part.

Kevin Jenkins, managing director responsible for the United Kingdom and Ireland at Visa Europe, said in a statement that Black Friday had become “the U.K.'s biggest online shopping day,” adding that “following a jump last year, retailers are making a bigger Friday push this time around.”
http://www.nytimes.com/2014/11/29/busin ... order.html

Re: Your Welcome

Posted: Sat Nov 29, 2014 11:50 pm
by Gob
Gee, cheers!!

Re: You're Welcome

Posted: Sun Nov 30, 2014 12:34 am
by TPFKA@W
On behalf of my country I apologize for allowing this horrible tradition to metastasize to your country.

Re: You're Welcome

Posted: Sun Nov 30, 2014 12:46 am
by Lord Jim
They seem to have embraced it pretty well... 8-)

Re: You're Welcome

Posted: Sun Nov 30, 2014 12:52 am
by Joe Guy
Formerly your welcome.... :D

Re: You're Welcome

Posted: Sun Nov 30, 2014 12:55 am
by Lord Jim
I always feel free to correct typos when I catch them before some sphincter clencher points them out... :P

Re: You're Welcome

Posted: Sun Nov 30, 2014 1:23 am
by Joe Guy
Image

Re: You're Welcome

Posted: Sun Nov 30, 2014 12:00 pm
by wesw
thank goodness I can t see that (italics) image.

Re: You're Welcome

Posted: Sun Nov 30, 2014 1:40 pm
by MajGenl.Meade
I think it was a Lord of the Rings poster...

...the logic of it all escapes me. Black Friday I mean. Even the name is stupid. Black (in anything other than skin tone) is the colour of death, darkness and destruction - I couldn't participate in something named that way, just as I could only be forced at gunpoint to buy a car called a Jimmy or a Clio. As to the retailers, they haven't coaxed an extra billion out of people who've been hiding their cash under the cat box waiting for Friday. It isn't "new" or "extra" money at all. It's what the folks would have spent anyway in their consumerist Disneyfied-lemmingness before Xmas. Stupid arses, all!

Re: You're Welcome

Posted: Sun Nov 30, 2014 2:16 pm
by Guinevere
I'm quite sure the term "black friday" was coined to denote a day where many retailers move over into "the black" on their accounts for the year. So not quite as dumb as you might think . . .

Re: You're Welcome

Posted: Sun Nov 30, 2014 2:26 pm
by Guinevere
We didn't shop one bit over the weekend. Long beautiful walks in the snow, good food, family, games, books, movies -- it was as relaxing a holiday as we've had in ages and very much needed and appreciated. I even stole some time with my Swede yesterday and today -- returning from our separate holiday celebrations.
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Re: You're Welcome

Posted: Sun Nov 30, 2014 2:42 pm
by Lord Jim
I'm quite sure the term "black friday" was coined to denote a day where many retailers move over into "the black" on their accounts for the year.
That's my understanding as well...

Re: You're Welcome

Posted: Sun Nov 30, 2014 2:50 pm
by MajGenl.Meade
Well yes - I know that. But it's obscure compared to the association with death etc. There's nothing wrong with calling a car a Jimmy either but it's still a complete turn off for me. And anyway it's retailer hyperbole - if they've been operating in the red for almost 11 months then they are doing something very wrong. December digs 'em out anyway. I like Guin's walking in the snow idea ... well, not walking but thinking about people who do things like that.

Re: You're Welcome

Posted: Sun Nov 30, 2014 6:21 pm
by rubato
We needed to even the score after you gave us Rupert Murdoch.


yrs,
rubato

Re: You're Welcome

Posted: Sun Nov 30, 2014 8:27 pm
by Gob
What?

Re: You're Welcome

Posted: Sun Nov 30, 2014 8:35 pm
by Joe Guy
wesw wrote:thank goodness I can t see that (italics) image.
Can you see this image?.......... The book has 7 great reviews and ranks 2,086,496 on Amazon's best seller list.

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Re: You're Welcome

Posted: Mon Dec 01, 2014 4:08 pm
by oldr_n_wsr
From what I read, friday was lighter than in previous years, but that's due to more retailers opening (and having the sales)on Thanksgiving thursday.
I played football, ate turkey with my wifes family and had dessert with my family. Nice day overall.