Shropshire enjoying a £400m pre-Christmas sales boom
Wednesday 14th December 2011, 9:00PM GMT.
Shropshire is enjoying a pre-Christmas sales boom, as new figures predicted nearly £400 million would be spent by shoppers in the county’s two biggest towns.
Barclays bosses today said tills would be jingling in Shrewsbury to the tune of £234 million this month, with people in Telford splashing out £145.4 million. Nationally, the banking giant is predicting a four per cent improvement on last December.
Consumers are said to be spending £17,540 every second, to a total of £47 billion.
Meanwhile, Shrewsbury wine merchant Tanners did its bit to add cheer to the festive season on Monday night when it shipped more than 22 tonnes of wine.
More than 2,000 parcels of wine were despatched from its Wyle Cop headquarters, accounting for around half its orders to private customers throughout the country this month, while more still is likely to be sent to retailers.
Private sales director Robert Boutflower said: “We are holding our own in tough times, and loyal Tanners customers are still supporting us.”
Squeezed
Adrian Davies, Barclays retail area director for Shropshire, said: “It’s been a difficult year for consumers whose household budgets have been squeezed to cope with rising costs.
“But we are expecting shoppers to shun the doom and gloom and spend record levels as retailers make massive reductions. Despite squeezed household budgets, shoppers are expected to loosen the purse-strings once they reach the shops.”
An anticipated £31 million is expected to cross the counters at superstores by Shrewsbury people spending on cards, compared with £7.7 million at petrol stations and £4.2 million at department stores.
Telford consumers will spend £19.2 million at sup-ermarkets, £4.7 million at petrol stations, and £2.6 million in department stores, according to Barclays.
Online shopping accounts for over a quarter of debit card spend.
A total of £91.6 million of cash is expected to be withdrawn from Shrewsbury ATMs and banks throughout December, compared to £56.7 million in Telford.
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Eh??? The item following this is entitled “Christmas crisis hits Shropshire High Streets”. Does not compute.
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“Nationally, the banking giant is predicting a four per cent improvement on last December”.
Last December, the Christmas sales were very poor because of all the snow and ice. It is a misleading comparison. How many people will be borrowing money to spend on Christmas? Retailers are in for a very poor January.
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Consistant reporting from the Star as usual.
Quote from above,
“Shropshire is enjoying a pre-Christmas sales boom, as new figures predicted nearly £400 million would be spent by shoppers in the county’s two biggest towns.”
Quote from another story on the Home Page,
“It is horrid in Shropshire’s shopping centres and high streets this Christmas. But the problem for the county’s retailers and their staff is not too many customers fighting to get last minute presents, but the fact that there will too few of us scrambling in shops on Christmas Eve.”
Now I like both stories but which one is right? There’s only one way to find out……………FIGHT!!!!!
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I seem to remember something similar being reported last year… only for the real figures to prove very different.
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So what happened to ‘Christmas crisis hits Shropshire High Streets’ of ten minutes ago? And anyway most of this, if it happens, is going straight down the supermarkets throats in food alcohol and petrol. Theres an air of panicked adjustment about this ‘article’.
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Like so many pretty towns Shrewsbury is a place of two halves.
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There’s also the ‘Christmas on the Credit Card Can Be a Curse’ leader article. Very mixed messages from the Star.
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Wishful thinking !!
The majority of stores have twice as many staff as they have customers.
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Re credit (I assume) – one of the national tabloids ran a story about a woman on benefit who was going to spend £3k on her children this xmas. Madness but it tells a tale about the pressure some people feel about presents. I doubt somehow she will be having a happy new year.
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