UK Box­ing Day on­line sales jump 11.5%

Kuwait Times - - BUSINESS -

The num­ber of Bri­tons who hit the shops on Box­ing Day morn­ing, a tra­di­tional shop­ping day, fell 6 per­cent ver­sus the same pe­riod last year, while on­line trans­ac­tions rose 11.5 per­cent year-on-year, retail data com­pany Spring­board said. Bri­tish retail sales grew at the fastest rate in more than a year in late Novem­ber and early De­cem­ber, which may have taken some of the buzz out of the pe­riod around the Christ­mas hol­i­day.

Box­ing Day sales have tra­di­tion­ally been an in­di­ca­tor of the strength of the Christ­mas shop­ping pe­riod. But as on­line trans­ac­tions grow in im­por­tance, dis­count­ing pe­ri­ods are be­ing spread more evenly over the year and fewer peo­ple are vis­it­ing shops to make pur­chases.

In fur­ther ev­i­dence of chang­ing shop­ping habits, Spring­board said the num­ber of peo­ple in shop­ping cen­tres on Box­ing Day morn­ing fell 16.6 per­cent ver­sus the same pe­riod last year.

Bri­tain’s The Telegraph news­pa­per said huge vol­umes of re­turns from Black Fri­day in Novem­ber meant that many items would not make it back into shops in time for Box­ing Day, ham­per­ing shops’ sales fur­ther, cit­ing data from Clear Re­turns which tracks on­line shop­ping re­turns. A record 1 bil­lion pounds worth of items are ex­pected to be re­turned af­ter this year’s Black Fri­day as on­line cus­tomers adopted a “buy now and de­cide later” stance, The Telegraph said.

Clear Re­turns was not im­me­di­ately avail­able to com­ment. — Reuters

LON­DON: Cus­tomers look at hand­bags at Sel­f­ridges de­part­ment store in cen­tral Lon­don yes­ter­day dur­ing the post-Christ­mas, Box­ing Day sales. —AFP

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