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
Vero Moda floral-print “Nuka” midi skirt
WAS: £32 NOW: £9.60 SAVE: £22.40
Pierre Cardin men’s corduroy shirt
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DesignB London Exclusive two-pack face covering
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J by Jasper Conran textured wool-blend tailored-fit suit jacket
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Argos Home Avalon kingsize bed frame
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Percale 300-thread-count double duvet cover
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Boss Femme 75ml eau de parfum
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Three-seater Amalfi Velvet Arlo sofa
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iRobot Roomba 965 Robotic Vacuum Cleaner, Grey
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Samsung The Serif QE43LS01TAUXXU 43in Smart 4K Ultra HD HDR QLED TV
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Dyson V8 Absolute pro cordless vacuum
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PS4 Gtx Pro Dragonscale Thumb Grips
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Code Name Bananas book by David Walliams
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BIC Kids Evolution ECOlutions pencils, pack of 24
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Funko Pop! Disney toy: Kingdom Hearts 3 – Goofy
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Disney Toy Story 4 8in Forky
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