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Friday, 13 November 2009

Retailers fail to talk-up Christmas 'must-have'

It was a brave effort by toy retailers last week to persuade the public that what every family needed this Christmas was a Chinese-made robotic hamster. A few newspapers, desperate for the seasonal advertising, obediently did their best to talk-up the market, but the British public hasn't bitten.

Those containers from Chinese ports that should now be crammed full of Christmas goods remain stubbornly empty. The Harpex briefly dipped to a new low last week. The prospects of a March election look more likely than they did a few weeks ago when Brown was claiming his action had ended the recession in the UK.

Hey ho.


Letters From A Tory said...

There is no reason why Brown wouldn't call an election after the economy moves back into growth and unemployment stabilises at around 2.5-2.6 million.

It could be his best shot at a hung parliament.

Anonymous said...

Brown won't go to the country in March. His grim determination to hang onto power for as long as possible combined with his pathological inability to accept that things aren't getting better will see to that.

Bill Quango MP said...

Retail inventories are massively down on previous years. All the way through the chain there is a shortage, or would be if retailers wanted more goods, which they don't.

Retailers are geared up to sell out and that's it. No one wants to risk hanging onto stock for a year.
But Toys are different. They will sell through the year so their will be a small gamble on the Xmas winner. Except short life lines, like movie tie in items, will be in short supply.

I would expect DSI to do well and Wii probably.I think the Hamster is going to do all right too.
HMV / Smiths should post good results without Woolworths and Birthdays pulling all their punters away.
John Lewis group results will tell us if the retail recession is over.