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Boxing Week

 

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Boxing Week



 
 
Boxing Week is a period of six days or more that starts with Boxing Day
Boxing Day

Boxing Day is a bank holiday or a public holiday in the United Kingdom, Australia, Canada, New Zealand, Hong Kong, and countries in the Commonwealth of Nations with a mainly Christian population....
 and ends with New Year's Eve
New Year's Eve

New Year's Eve is on , the final day of the Gregorian calendar year, and the day before New Year's Day.New Year's Eve is a separate observance from the observance of New Year's Day....
. It may also include a few days before Christmas
Christmas

Christmas , also referred to as Christmas Day, is an annual holiday celebrated on December 25 that commemorates the birth of Jesus. The day marks the beginning of the larger season of Christmastide, which lasts Twelve Days of Christmas....
 and/or after New Year's Day
New Year's Day

New Year's Day is the first day of the new year. On the modern Gregorian calendar, it is celebrated on January 1, as it was also in ancient Rome ....
. It is not strictly a week. It is a term that was invented by the retail industry a few years ago (at least in Canada) to enable them to extend (hopefully) the Boxing Day sales frenzy.

Many Canadian and (increasingly) UK retailers, as well as some other Commonwealth
Commonwealth of Nations

The Commonwealth of Nations, also known as the Commonwealth or the British Commonwealth, is an intergovernmental organization of fifty-three independent member states....
 countries clear their inventory
Inventory

Inventory is a list for Good and materials, or those goods and materials themselves, held available in stock by a business. It is also used for a list of the contents of a household and for a list for will purposes of the possessions of someone who has died....
 in Boxing Week specials because in many cases:



This results in huge lineups at retailers.

Many products have a mail-in rebate to be used, a tactic used by manufacturers to clear their inventory.








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Encyclopedia


Boxing Week is a period of six days or more that starts with Boxing Day
Boxing Day

Boxing Day is a bank holiday or a public holiday in the United Kingdom, Australia, Canada, New Zealand, Hong Kong, and countries in the Commonwealth of Nations with a mainly Christian population....
 and ends with New Year's Eve
New Year's Eve

New Year's Eve is on , the final day of the Gregorian calendar year, and the day before New Year's Day.New Year's Eve is a separate observance from the observance of New Year's Day....
. It may also include a few days before Christmas
Christmas

Christmas , also referred to as Christmas Day, is an annual holiday celebrated on December 25 that commemorates the birth of Jesus. The day marks the beginning of the larger season of Christmastide, which lasts Twelve Days of Christmas....
 and/or after New Year's Day
New Year's Day

New Year's Day is the first day of the new year. On the modern Gregorian calendar, it is celebrated on January 1, as it was also in ancient Rome ....
. It is not strictly a week. It is a term that was invented by the retail industry a few years ago (at least in Canada) to enable them to extend (hopefully) the Boxing Day sales frenzy.

Many Canadian and (increasingly) UK retailers, as well as some other Commonwealth
Commonwealth of Nations

The Commonwealth of Nations, also known as the Commonwealth or the British Commonwealth, is an intergovernmental organization of fifty-three independent member states....
 countries clear their inventory
Inventory

Inventory is a list for Good and materials, or those goods and materials themselves, held available in stock by a business. It is also used for a list of the contents of a household and for a list for will purposes of the possessions of someone who has died....
 in Boxing Week specials because in many cases:

  • Inventory must be counted using expensive labour
    Manual labour

    Manual labour is physical work done with the hands, especially in an unskilled employment such as fruit and vegetable picking, road building, or any other field where the work may be considered physically arduous, and which has as a profitable objective, usually the production of good s....
     some time in January.
  • Depending on the state, province or municipality
    Municipality

    A municipality is an administrative entity composed of a clearly defined territory and its population and commonly denotes a city, town, or village, or a small grouping of them....
    , they are often subject to a millage tax (similar to property tax
    Property tax

    Property tax, or millage tax, is an ad valorem tax that an owner is required to pay on the value of the property being taxed.There are three species or types of property: Land, Improvements to Land , and Personal ....
    es) on any inventory retained as of 1 January of each year (or 7 January/15 January in some tax jurisdictions).
  • They are introducing new products in the new year.


This results in huge lineups at retailers.

Many products have a mail-in rebate to be used, a tactic used by manufacturers to clear their inventory.

See also

  • January sales