Displaysense reveal the retail nightmare before Christmas
Released
on: November 13, 2008, 7:52 am
Press
Release Author: Displaysense
Industry:
Retail
Press
Release Summary: Displaysense reports the high street is struggling
as increased demand by stores for 90 per cent off sales banners
leads to stocks running out in late October
Press
Release Body: As the recession strikes and tightens its grips
on British high streets, Displaysense report
a worrying time ahead for retailers, with shops going to extreme
lengths to encourage customers to part with their cash. The result
of some stores taking up to 90% off of their prices has lead to
stocks of certain sales banners running out.
The
move towards massive sales which reveals the desperation of some
high street stores, comes at a time when spending is usually on
the increase as a result of consumers flocking to the streets
for Christmas related gift ideas. Displaysense,
a supplier of sale banners and display
stands, is one such company that has been overwhelmed with
orders for their sale product range, highlighting that the panic
surrounding this Christmas sales period is leading retailers into
unchartered territory.
Displaysense
has been selling sale related banners and signs as well as other
retail supportive products such as display
cabinets for some years now, but has suddenly noticed a sharp
increase in the demand for their 70%, 80% and 90% off sale banners,
so much so that they sold out in October. Good news for Displaysense
that they are meeting their audiences needs for products but worrying
for the wider economy.
The
retail display company is attempting to restock the items as soon
as possible but feel that the demand for these sale banners will
continue into the New Year alongside the overwhelming amount of
orders received for their new range of sale related products.
Steve
Whittle the marketing manager of Displaysense commented
on this startling high street move by saying, "It's a
worrying trend for the economy in this run up to Christmas and
the high street stores are really taking a big gamble".
He continued, "Normally this is the time of year for
stores to hold their nerve on their pricing but it looks as if
some have shown their cards early and we've noticed a great deal
of shops with literature
holders displaying major discounts".
Not
only are some of the stores taking up to 90% off their prices
to encourage Christmas sales, but some are already beginning to
revamp their look for 2009 as Displaysense highlight
an increase in sales of their shop fittings such as their range
of display
cases. With the economy not set to recover for some time,
a store with a unique look just might have what it takes to prosper
in the forthcoming year.
With
a tough 2009 predicted, Displaysense is preparing
for the tough times ahead for retailers and has already tripled
the stock of their ‘buy one get one free' sale signs but
hope they don't sell any ‘closing down' signs .
About
Displaysense:
Displaysense was established in September of 1978 as a manufacturer
of quality point of sale displays. They have a wealth of experience
in design and manufacturing and have been able to develop their
ever growing standard range of over 1500 displays. The range is
now hugely diverse including acrylic containers, display cabinets,
mannequins, slatwall, shelving units, exhibition displays and
business card holders.
Displaysense
works with a large range of clients including, retailers (multiple
and independent), blue chip corporate clients, cafés, bars,
restaurants and night clubs, shop and office fitters,
Displaysense
provide a full service to UK, Ireland and Europe with their dedicated
websites www.displaysense.co.uk,
www.displaysense.ie and
www.displaysense.com.
Web
Site: http://www.displaysense.co.uk
Contact
Details: PR Contact:
Steve Whittle
Marketing Manager
Displaysense
Rye Street
Bishop's Stortford
Hertfordshire
CM23 2HG
UK
0845 2008139