With Christmas done and dusted, shoppers are turning their focus to hunting out the best bargains with Boxing Day expected to generate record sales this year. 9News
With Christmas done and dusted, shoppers are turning their focus to hunting out the best bargains with Boxing Day expected to generate record sales this year.
One of Australia's leading retail groups is estimating Australians will spend $2.53 billion today to kick off the annual post-Christmas retail sales period. NSW is expecting to generate the largest sales, with the Australian Retailers Association predicting a figure of more than $815 million.Shoppers are expected to spend $2.5 billion on Boxing Day according the the Australian Retailers Association
Victoria is also expected to reach above $800 million ahead of Queensland with a predicated sales figure of $425 million.Announcing Boxing Day retail forecasts from Sydney's Pitt Street Mall, ARA executive director Russell Zimmerman said the group predicted spending across Australia would rise despite the sluggish year the retail sector had experienced, and added that queues of people eager to strike early to find a good deal suggested a good start to post-Christmas sales.
"We think retail sales for Boxing Day 2019 will top $2.5 billion, which is 2.86 per cent up on 2018," Mr Zimmerman said.
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