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Boxing Week

December 13, 2008 Written by nicolae

Language English

Boxing Week is, at least, the six-day period that starts with Boxing Day and ends with New Year’s Eve. It may also include a few days before Christmas and/or after New Year's Day. It is not strictly a week.

Many U.S., Canadian and (increasingly) UK retailers clear their inventory in Boxing Week specials because in many cases:

Inventory must be counted using expensive labour some time in January.
Depending on the state, province or municipality, they are often subject to a millage tax (similar to property taxes) 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.

Boxing Week coincides with the African festival of Kwanzaa.

This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.