The panic sales
are 'obviously in response to retaliation on border,' said Elixir Securities Director Research Hamad Aslam.
The market saw no panic sales
, but buyers, especially seasoned investors, became more prudent.'
There are no panic sales
or anything, it's just that when you sit with somebody, you'll be able to negotiate better and get more of what you want, more than [you could] before."
Don Williams of analysts BDO said: "The level of promotions is on a par with the panic sales
of 2008." The Centre for Retail Research said the sales total is expected to be down five per cent on the equivalent Saturday last year.
The market had seen panic sales
due to confidence slipping, a stock broker said, adding that banks and institution remained inactive while retail investors have been panicky.
TIMES are tough out there, we know, as jobless figures rise and shops hurtle into panic sales
Investors from the GCC and other countries are particularly interested in value-added distressed assets as real estate companies in these mega-cities seek to off-load prime assets sometimes in panic sales
to recoup whatever funds they can.
Azzam on April 21 wrote: "There has been a high degree of contagion across the [Arab] markets...exacerbated by panic sales
among retail investors.
Ms Earley said Nationwide expected buyers to return gradually as a result of sellers scaling down their expectations rather than as a result of forced or panic sales
"Talk of panic sales
is premature and retailers will wait to see if the mood improves and they can catch up this month."
An industry has sprung up among people who make a killing buying second-hand endowments from panic sales
Forget the Christmas turkey, it's all a game of chicken on the high streets as retailers try to face down shoppers holding out for last-minute panic sales