In message <0a87d51c-0cf5-4167-84d5-***@googlegroups.com>, at
05:16:57 on Tue, 4 Jan 2022, Chris Shore
Post by Chris ShoreI don't honestly remember New Year's Day Sales as a thing at all.
Boxing Day sales were a thing but they seem to start well before
Christmas these days. And I'm not convinced that there are ever any
very good reductions anyway...
New Year Sales were a way to clear out old stock to make way for new
arrivals.
First you got the Xmas stock off the shelves, and then for a week put
the old stock out at often very significant discounts.
Modern supply chain logistics, and chain stores buying so much on
sale-or-return, with the wholesalers having dedicated "outlet stores"
(often online now) has meant it's no longer required for that purpose.
Although like the very recent "Black Friday" sales it's an excuse to
market new stock at what is claimed to be a saving.
--
Roland Perry