Debenhams boss Michael Sharp insisted that its Blue Cross Sales still pack a punch despite claims that they could be losing their potency.
âOur promotions are a real strength. There is no evidence that customers are less willing to engage or itâs less powerful in the marketplace,â he said.
Conlumino managing director Neil Saunders suggested that the frequency of Debenhamsâ Sale activity could be weakening their impact.
He said: âThere is an argument that the traditional tactic of discounting to sell through âunseasonalâ stock is a less potent weapon for Debenhams during this time than it is for other players, if only because Debenhamsâ promotional activity is so ubiquitous throughout the year.â
Debenhams posted flat like-for-likes in its third quarter to June 22 in what Sharp said was a âchallengingâ market, exacerbated by unseasonable weather.
Debenhams is to focus on improving its click-and-collect service according to Sharp, who said the channel is how online customers are choosing to shop.
Sharp admitted that Debenhamsâ sales via the channel are ânot big enough and need to growâ.
Click-and-collect is a strength of rival John Lewis and over Christmas made up 35% of its online sales. John Lewis has widened its click-and-collect network by partnering with corner shop collection service Collect+.
Online sales continued to soar at Debenhams, jumping 40% in the quarter.
















No comments yet