16 DECEMBER, 2015:Aussie shoppers are tipped to spend $2.3 billion nationwide on Boxing Day 2015, according to the Australian Retailers Association (ARA), with a total of $16.8 billion to be spent from December 26 to January 15, 2016.

Post-Christmas spending estimates by the ARA and Roy Morgan Research indicate sales will be four percent higher than the same period last year, evidence of Australia’s growing love affair with bargains.

“Pre-Christmas 2015 saw record sales at retail stores, and we’re expecting to see a very similar growth story play out in the post-Christmas sales,” said Russell Zimmerman, Executive Director of the ARA.

“A rush of bargain hunters will be out in force on Boxing Day, with December 26 one of the biggest shopping days of the year across the country.

“Boxing Day heralds the opening of the post-Christmas sales period and is traditionally when the biggest savings can be made.

“Of course, the sales will continue beyond December 26 right through January, so for those who aren’t able to get to the shops on Boxing Day, there will be further opportunities to snap up some bargains,” Mr Zimmerman said.

Victoria will see the lion’s share of the post-Christmas shopping growth, up 5.6 percent to $4.2 billion across the 21-day period tracked by ARA and Roy Morgan, followed by NSW at 3.8 percent growth and $5.3 billion.

“All states are predicted to see healthy growth this year, as are all retail categories, although the ‘other’ category will shine particularly brightly in the post-Christmas sales with 6.1 percent growth to $2.3 billion, as will department stores at a 4.3 percent increase and $1 billion sales.”

When it comes to Boxing Day, the ARA anticipates that NSW and Victorian residents will spend the most at $750 million and $721 million respectively.

For interview opportunities with ARA Executive Director, Russell Zimmerman, call the ARA Media team on 0439 612 556 or emailmedia@retail.org.au.

ARA ROY MORGAN POST-CHRISTMAS 2015/16 SALES PREDICTIONSDecember 26, 2015 – January 15, 2016

Boxing Day 2015 sales

State

2015

NSW

$749,920,990

Victoria

$721,077,875

Queensland

$387,135,233

South Australia

$115,752,881

Western Australia

$200,878,807

Tasmania

$51,818,336

Northern Territory

$25,947,127

Australian Capital Territory

$48,957,876

NATIONAL

$2,301,489,127

(Australian Retailers Association)

2015/16 Post-Christmas Sales Growth by State

State

2014 post-xmas

Actual ($mil)

2015/16 post-xmas

Forecast ($mil)

Predicted growth

(%)

NSW

5127

5321

3.8%

Victoria

3997

4220

5.6%

Queensland

3309

3419

3.3%

South Australia

1049

1083

3.3%

Western Australia

1877

1943

3.5%

Tasmania

316

324

2.6%

Northern Territory

172

176

2.1%

Australian Capital Territory

288

295

2.6%

NATIONAL

16135

16781

4.0%

(ARA/ROY MORGAN)

2015/16 Post-Christmas Sales Growth by Category

Category

2014 pre-xmas

Actual ($mil)

2015/16 pre-xmas

Forecast ($mil)

Predicted growth

(%)

Food

6593

6815

3.4%

Household goods

2796

2905

3.9%

Apparel

1243

1291

3.9%

Department stores

1042

1087

4.3%

Other

2192

2326

6.1%

Hospitality

2269

2357

3.9%

NATIONAL

16135

16781

4.0%

(ARA/ROY MORGAN)

-ENDS-

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