December 27th, 2011
05:45 PM GMT
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London (CNN) – Most of us have an idea of what we want to buy in the January sales - and maybe have budgeted the money in our holiday spending. I know I want to pick up a pair of jeans and some new brogue shoes. I would also like to buy a new espresso maker and maybe some towels. BUT - and this it the big point - ONLY if the price is right. I think I am not alone.

Christmas has been and gone and now in its wake we see a last-minute rush to sell before the end of the year. In the post-Christmas retailing blizzard the shoppers are there and some of them are even spending….. sales are expected to be up by up to 5% on last year’s. In London the shops were exceptionally busy with some stores seeing record numbers. (The day was marred by two high street stabbings that left one man dead).

When I went into the Gap store and saw them selling sweaters for £10 ($15), I realized that this was going to be a much harder time for the retailers - desperate to get rid of inventory, raise revenue and try to re-balance what has been a lackluster holiday season.
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December 27th, 2011
03:18 PM GMT
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Dublin (CNN) – According to an old Irish saying,"in Dublin you can't throw a stick without hitting a poet."

James Joyce, W.B. Yeats and Oscar Wilde are just some of the writers the city has produced over the centuries.

In recognition of its past and present achievements, the Irish capital was recently named as one of six UNESCO Cities of Literature.

CNN's Jim Boulden travelled to Dublin to see how the designation is boosting the city's morale.

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Filed under: BusinessFuture Cities


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