Britain's top retailers are hoping unusual pre-Christmas discounts can convince consumers to open their wallets during a holiday season that coincides with a looming recession.
Marks & Spencer held a 20-percent off pre-Christmas sale Thursday, the first time in years the retailer resorted to discounting during what should be some of the strongest sales weeks of the year to pull in shoppers who fear their own household finances may soon be in trouble.
It's a sign that Christmas 2008 could be a tough one thanks to the global financial crisis and economic downturn.
"This is M&S as a retailer responding to customers telling us that they are …
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