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Cyber Monday: what does it mean for your investments?

26/11/2018 · Amazon (AMZN)  · ASOS (ASC)  · boohoo.com plc (BOO)  · Debenhams (DEB)  · Marks and Spencer (MKS)  · Next (NXT) 

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Cyber Monday: what does it mean for your investments?
Today is the biggest online sales day of the year. Sales over the long weekend - including Black Friday - are expected to exceed £7bn. Here's what that means for your retail investments.

Emails have been sent, sale signs are up, and internet providers are bracing themselves. It’s Cyber Monday – the biggest online shopping day of the year. The day – or long weekend, because none of the retailers actually only offer discounts on just one day – when Brits clamour to fill their online shopping baskets with all the best discounts. It has been estimated that over £7bn will be spent in the UK over the sales period (including Black Friday and Cyber Monday), an average of £220 per person. Like most painful commercial events in the UK – Valentines and…

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