Boxing Day Sales give hopes to retailers

The video discusses the shift in shopping habits around Boxing Day, highlighting the decline in footfall at physical stores due to the rise of online shopping. It notes that while Boxing Day remains significant in the retail calendar, the increasing preference for online shopping and environmental awareness are impacting traditional sales. The video also touches on the decline in footfall over recent years and the challenges faced by the retail sector.

What is one reason some shoppers prefer in-store shopping over online shopping?

• They like to see and feel the products before buying.

• They enjoy the convenience of home delivery.

• They want to avoid crowds.

• They find it cheaper than online shopping.

By what percentage did Boxing Day footfall drop in 2017 compared to the previous year?

• 10.6%

• 6.1%

• 4.2%

• 2.8%

What percentage of post-Christmas spending is expected to be online this year?

• 30%

• 45%

• 60%

• 75%

How has Black Friday affected Boxing Day sales?

• It has no impact on Boxing Day sales.

• It has led to an increase in Boxing Day sales.

• It has made Boxing Day sales more popular.

• It has shifted consumer focus away from Boxing Day sales.

What is one factor contributing to the challenges faced by the retail sector in 2020?

• A shift towards spending less on fast fashion.

• A rise in traditional retail store openings.

• Decreased environmental awareness.

• Increased consumer spending on fast fashion.