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Shoppers expected to spend more than £4bn on Boxing Day
Shoppers are expected to spend more than £4bn in the Boxing Day sales on Thursday, but the annual discount extravaganza is likely to be dampened after a month of price cuts. Sales in stores are expected to be down by just over 12% to £3.2bn, according to VoucherCodes and the Centre for Retail Research, while bank holiday queues are expected to be up to 2% shorter than they used to be as the post-Christmas sales have been eclipsed by November’s Black Friday promotional stint. “Boxing Day has been slipping down the hierarchy of shopping days for a number of years,” said Diane Wehrle, an insight director at the ... (full story)