Boxing Day is set to reclaim its place ahead of Black Friday following record-breaking sales on the day after America's Thanksgiving, predicts price and product comparison site PriceSpy.
Based on historical price insights, PriceSpy predicts almost a fifth (18 per cent) of products will be cheaper the day after Christmas, offering consumers an average saving of 13 per cent per item.
"Despite the popularity of Black Friday increasing by 20 per cent this year, our figures indicate Boxing Day appears to be more prevalent amongst price-savvy Kiwis," Liisa Matinvesi-Bassett, New Zealand country manager for PriceSpy, said.
"If shopping is to follow a similar pattern to that of last year, the percentage of consumers searching for products on Boxing Day was at an all-time high, increasing 321 per cent compared to the Tuesday before."
Kiwis spent $69.7 million at non-food retail shops on Black Friday 2018, surpassing the $68m spent on Boxing Day last year, according to figures from Paymark.