More post-Xmas sales to come
Bargain hunters are tipped to be out in force this weekend with retailers hoping to rake in billions of dollars in post-Christmas sales.
Australians are expected to spend more than $16 billion over the next three weeks after an impressive showing on Boxing Day.
• Boxing Day sales likely to top $2 billion
• Post-Christmas sales a bumper for retailers
Myer boss Bernie Brookes said crowd numbers outside his stores so far have been “significantly” higher than in 2013.
David Jones also has reported a jump.
The post-Christmas spending spree comes despite many retailers having kicked off their stocktake sales online on Christmas Eve and Christmas Day.
Advertisement
Finance News
Inflation rate edges higher to 2.3 per cent
Finance News
Memo to Murdoch: It is the time to sell Fox News
Finance News
Why prices in our dearest suburb dropped in 2024
Travel News
Rex and directors sued over profit claims
Finance News