Boxing Day shoppers expected to spend £3.7bn, a big drop on last year
by Sarah Butler from Economics | The Guardian on (#6HD12)
Some big retailers stay shut as Black Friday overshadows traditional sales and people watch their budgets
Shoppers are expected to spend 3.7bn this Boxing Day - but that's 3% less than a year ago as the sales are now overshadowed by Black Friday events and shoppers remain cautious about their budgets.
The fall in spend marks a big drop in the volume of items being bought, given that inflation remains at about 4.3%.
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