|Link to Wall Street Journal (registration required)|
"The U.K.'s High Street is bracing for a frosty Christmas this year, and has already kicked off a round of discounting to encourage customers to splash out their hard-earned cash.
"Lawrence Hutchings [who he?], managing director of UK retail at commercial-property developer Hammerson [oh, him!], said stores with strong online presences were best placed to deliver better results."