Renewed zeal for Boxing Day sales expected to ring up £3.8bn for retailers
High streets and online sellers set to benefit as cash-strapped consumers eke out post-Christmas bargains
TL;DR
- UK shoppers are expected to spend £3.8 billion on Boxing Day, a 2% increase from last year.
- Online sellers will experience most of the growth, but high streets are also predicted to see a 1.5% rise in sales.
- Christmas Day sales are now worth over £1 billion, with 23 million people expected to buy online.
- Shoppers are holding out for bargains on Boxing Day, potentially due to a lacklustre Black Friday.
- Online shopping is rising again, driven by busy middle-aged individuals looking for furniture and gadgets.
- Inflation is contributing to increased sales value, though sales volume may fall.
- Boxing Day is now vying with December 27th as the busiest post-Christmas shopping day.
- Some major retailers remain closed on Boxing Day, impacting high street trade.