Posted 12/26/2023, 1:34:13 AM
Boxing Day Sales Expected to See Modest Growth Despite Economic Challenges
- Australians expected to spend $23.9 billion on Boxing Day sales, a 1.6% increase from last year
- Retailers faced challenges due to economic conditions and getting customers to spend
- Boxing Day sales expected to boost slower Christmas spending, which was up just 1%
- Research found younger consumers shopping online more, older shoppers want in-store experience
- Shoppers treating themselves more this year, spending $270 on themselves, a 55% increase