As the clock ticks down to Black Friday, aggressive promotions on everything from 4K TVs to tablet computers and winter coats could be the last hurrah for shoppers before price hikes in 2017. This year, there is likely to be more of a sense of going, going, gone on the high street’s hottest deals, because retailers across the board are signalling that the weakness of sterling will push up prices in 2017. Black Friday warning as report finds only half of offers are the real deal Read moreLooking further ahead, fashion retailer Next has said its clothing prices will rise by up to 5%. “We expect participation in this sector to grow this year, as retailers such as Next have forewarned of price increases,”said Verdict’s Zoe Mills. I think shoppers are very aware that prices are going to rise and they see Black Friday as an opportunity to get something cheaper than in the new year.”

Source: The Guardian November 24, 2016 06:00 UTC