Post-Christmas sales expect to reach $5b

YOU could be correct in thinking that the economic crisis was a figmentof someone's imagination, with retailers saying this year'spost-Christmas sales figures could go over the $5 billion mark.

While department stores in Melbourne and Sydney opened their doors from 3am; the Boxing Day spending spree started at 9am in Brisbane, with retailers offering unbelievable discounts for the shopaholic.

With everything from one-day-only offers to cash incentives to early shoppers to 3-year interest/depost free terms for bargain hunters - thousands of shoppers were taking advantage of the deals, with some preparing for next year's festive season.

"Customers are now being careful where they shop and what value they get. More people are now seeking value which makes us think that this year is going to be pretty big," Myer Queensland regional manager Tony Sutton said.

So what has been the big sellers? According to David Jones, men's business shirts are huge drawcards, with one million of the clothing pieces expected to sell. The next top seller is (surprise, surprise), women's shoes, where 100,000 pairs will walk out the door.


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