Shoppers are expected to spend 4% less on Boxing Day and during the post-Christmas sales as the cost-of-living crisis continues to bite, according to new data. Research by Barclaycard Payments found that the average shopper intends to buy £229 worth of items in the post-Christmas sales period, a reduction of £18 compared with 2021.
Nevertheless, it still represents a busy end to 2022, with technology retailers expected to particularly benefit from shoppers seeking a bargain. Personal technology items were the most sought-after by those questioned about the post-Christmas sales, at 42% of consumers.
Food and drink items are also expected to be popular, according to the credit card business.