Sunday, 25 December 2011

Boxing Day - 26-December-2011

Boxing Day is a bank or public holiday that occurs on December 26, or the first or second weekday after Christmas Day, depending on national or regional laws. It is observed in Great Britain, Australia, Canada, New Zealand, and some other Commonwealth nations.
In South Africa, Boxing Day was renamed Day of Goodwill in 1994. In Ireland it is recognized as St. Stephen's Day (Irish: Lá Fhéile Stiofáin) or the Day of the Wren (Irish: Lá an Dreoilín). In the Netherlands, Lithuania, Austria, Germany, Scandinavia and Poland, December 26 is celebrated as the Second Christmas Day.
Although the same legislation – the Bank Holidays Act 1871 – originally established the bank holidays throughout the UK, the day after Christmas was defined as Boxing Day in England, Scotland and Wales, and the feast day of St Stephen in Ireland. A 'substitute bank holiday in place of 26 December' is only possible in Northern Ireland, reflecting the legal difference in that St. Stephen's Day does not automatically shift to the Monday in the same way as Boxing Day.
In Canada, Boxing Day is listed in the Canada Labour Code as an optional holiday. Only the province of Ontario has made it a statutory holiday where all workers receive time off with pay.

In Britain,Canada,New Zealand and some states of Aus



tralia,Boxing Day is primarily known as a shopping holiday, much like the day after Thanksgiving in the United States. It is a time where shops have sales, often with dramatic price decreases. For many merchants, Boxing Day has become the day of the year with the greatest revenue. In the UK in 2009 it was estimated that up to 12 million shoppers appeared at the sales (a rise of almost 20% compared to 2008, a

 

lthough this was also affected by the fact that the VAT would revert to 17.5% from 1 January).
Many retailers open very early (typically 5 am or even earlier) and offer doorbuster deals and loss leaders to draw people to their stores. It is not uncommon for long queues to form early in the morning of 26 December, hours before the opening of shops holding the big sales, especially at big-box consumer electronics retailers.Many stores have a limited quantity of big draw or deeply discounted items.Because of the shoulder-to-shoulder crowds, many choose to stay home and avoid the hectic shopping experience. The local media often cover the event, mentioning how early the shoppers began queueing up, providing video of shoppers queueing and later leaving with their purchased items. The Boxing Day sales have the potential for customer stampedes, injuries and even fatalities. As a result, many retailers have implemented practices aimed at ma

naging large numbers of

 

 

shoppers. They may limit entrances, restrict the number of patrons in a store at a time, provide tickets to people at the head of the queue to guarantee them a hot ticket item or canvass queued-up shoppers to inform them of inventory limitations.
In recent years, retailers have expanded deals to "Boxing Week." While Boxing Day is 26 December, many retailers who hold Boxing Day Sales will run the sales for several days before or after 26 December, often up to New Year's Eve. Notably, in the recession of late 2008, a record number of retailers were holding early promotions due to a weak economy. Canada's
Boxing Day has often been compared with the American Super Saturday, the Saturday before Christmas.
In some areas of Canada, particularly in Atlantic Canada and parts of Northern Ontario (including Sault Ste. Marie), most retailers are prohibited from opening on Boxing Day, either by provincial law or municipal bylaw. In these areas, sales otherwise scheduled for 26 December are moved to the 27th.In Ireland, since 1902, most stores remain closed on St. Stephen's Day, as with Christmas Day. In 2009, some stores decided to open on this day, breaking a 107-year-old tradition. Some stores have also started their January sales on this day.

 

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