11/17/2009

Debenhams, the UK-based department store group, is predicting that it could trigger a price war similar to that of last year with its four-day pre-Christmas sale that starts this week. "Customers everywhere continue to feel the pinch in this recession. In fact, many feel that there still is no light at the end of the tunnel," said Michael Sharp, deputy chief executive at Debenhams.

Full Story:
Reuters

Related Summaries