Nearly £3bn spent in Boxing Day sales frenzy
Over £2.7bn was spent in the Boxing Day sales yesterday, with analysts saying it was a record breaking spend and a welcome boost to retailers.
An estimated £2.22bn was spent in-store, up 5.7 per cent year on year – according to figures released by the Centre for Retail Research (CRR) – as 9.8 million people headed for the high street.
Meanwhile £540m was spent online, up 15 per cent on last year.
Luxury department store, Selfridges, saw nearly £2m pass through its tills in the first hour of trading on Boxing Day, an increase of more than 15 per cent, while John Lewis claimed sales within its first hour of opening on Thursday were up 13 per cent on last year.
John Lewis also revealed that 56 per cent of its traffic came from mobile devices.
Further predictions suggest that that £2.97bn could to be spent again today, 27 December, with retailers expected to take £2.57bn in-store and £400m predicted to be spent online.