I expected Boxing Day revenue to be down this year on 2018 given the considerable growth in Black Friday / Cyber Monday sales this year over last. It was not to be, Boxing Day 2019 was terrific as was yesterday. This Aussie retail tradition is running strong.
Boxing Day sales are an excellent opportunity for a clear out ahead of a reset. They are also an opportunity some suppliers leverage well, to help retailers maintain much needed margin.
I guess it doesnt do much for newsagents located in small shopping strips.
People head out to malls especially on occasions.