Barclays Consumer Spend researchers forecast a total of £4.6 billion will be spent and the vast majority of sales will be online.
Barclays Consumer Spend researchers forecast a total of £4.6 billion will be spent and the vast majority of sales will be online.
A total of 65% of shoppers are expecting to spend the majority of their sales budget online. Last year, Barclays found 63.9% of Boxing Day retail purchases were made online. A member of staff at Selfridges in London’s Oxford Street prepares for the department store’s Boxing Day sale “Boxing Day continues to be a crucial time for the retail sector, and the renewed interest in in-store shopping, alongside the enduring resilience of online platforms, demonstrates a more balanced and adaptive approach from consumers, which we hope will continue into the new year.”
“This marks a shift towards more functional finds, as Brits seek to use the sales to save on practical big-ticket items, which ordinarily fall outside their budgets,” Barclays said.“Taking this a step further, a quarter say they will only be buying what they consider essential items in the post-Christmas sales.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Scots Boxing Day shoppers pictured as footfall drops amid calm scenes at centresShopper footfall was down 10.6% from last year across all UK retail destinations up until 10am, according to analysts.
Read more »
High Street suffers as Boxing Day shoppers stay at homeBoxing Day shoppers are opting out the High Street and shopping centres - compared with last year, initial footfall data suggests.
Read more »
Uniqlo bag shoppers 'couldn't do day to day without' is £2.41 in cashback dealOne shopper said: This bag is a life saviour, fits my whole life in it yet so easy to carry around. Couldn't do my day to day without it!'
Read more »
McDonald's Opening Hours on Christmas Day and Boxing DayFind out if your local McDonald's is open on Christmas Day and Boxing Day, as well as information about their opening hours over the holiday period.
Read more »
Royal Boxing Day Tradition: A Day of Shooting at SandringhamEvery Boxing Day, senior members of the British Royal Family engage in a long-standing tradition of shooting on the Sandringham estate. The day begins with a hearty breakfast for the men, followed by a hunt for pheasants and grouse across the 20,000-acre property.
Read more »
Christmas Day weather forecast for Manchester according to Met Office and moreWhat the forecasters say for the weather on Christmas Eve, Christmas Day and Boxing Day
Read more »