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| Sales rush expected to continue | Sales rush expected to continue |
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| Retailers are expecting the day after Boxing Day to be busiest of the year as a fresh wave of bargain hunters brave the queues to pick up cut-price items. | Retailers are expecting the day after Boxing Day to be busiest of the year as a fresh wave of bargain hunters brave the queues to pick up cut-price items. |
| It is thought shopping centres will be packed with Marks and Spencer, Next and John Lewis customers. Most of these chains were closed on Boxing Day. | It is thought shopping centres will be packed with Marks and Spencer, Next and John Lewis customers. Most of these chains were closed on Boxing Day. |
| The Trafford Centre in Manchester expected 140,000 customers in its shops, up from 100,000 on Boxing Day. | The Trafford Centre in Manchester expected 140,000 customers in its shops, up from 100,000 on Boxing Day. |
| But fears remain that heavy discounts will hurt retailers into 2008. | But fears remain that heavy discounts will hurt retailers into 2008. |
| "The first two or three days after Christmas are very important," said Martin Davies of research firm Experian, which compiles a Retail Footfall Index. | |
| "But already in the days before Christmas, the surge of shoppers on to the High Street looked like sales shopping and not pre-Christmas buying." | |
| Bargain time? | |
| High Street shops have been slashing prices to clear old stock that they have not been able to shift as many cash-strapped shoppers stayed away, worried about their finances in the face of more expensive household bills. | |
| We have probably won market share in this tough Christmas Andy Street, John Lewis managing director | We have probably won market share in this tough Christmas Andy Street, John Lewis managing director |
| The British Retail Consortium (BRC) predicts sales will continue well into next year as shops compete heavily for business. | The British Retail Consortium (BRC) predicts sales will continue well into next year as shops compete heavily for business. |
| This is bad news for retailers as discounting erodes already thin margins, analysts say. | This is bad news for retailers as discounting erodes already thin margins, analysts say. |
| "Retailers who haven't done the business they expected to before Christmas will be very keen to cut their losses and shift whatever seasonal stock they've been left with," said BRC director general Kevin Hawkins. | "Retailers who haven't done the business they expected to before Christmas will be very keen to cut their losses and shift whatever seasonal stock they've been left with," said BRC director general Kevin Hawkins. |
| "With a challenging first half of the year virtually guaranteed for all consumer-facing businesses, retailers will be discounting well into 2008." | "With a challenging first half of the year virtually guaranteed for all consumer-facing businesses, retailers will be discounting well into 2008." |
| John Lewis may be one of the few retailers to buck the trend. | John Lewis may be one of the few retailers to buck the trend. |
| HAVE YOUR SAY Let's face it - goods are in a sale because nobody wanted them. Yvonne Rogers, Warrington Send us your comments | HAVE YOUR SAY Let's face it - goods are in a sale because nobody wanted them. Yvonne Rogers, Warrington Send us your comments |
| Andy Street, the department store chain's managing director, told the BBC that its profit margins would not be squeezed in the post-Christmas clearance sale and that earnings would rise. | Andy Street, the department store chain's managing director, told the BBC that its profit margins would not be squeezed in the post-Christmas clearance sale and that earnings would rise. |
| "We have probably won market share in this tough Christmas," he said. | "We have probably won market share in this tough Christmas," he said. |
| In London, the throng of consumers was powerful, with more than 10,000 people reckoned to have visited Brent Cross shopping centre during the first hour of trading on Thursday. | |
| According to Paula Figgitt, a spokeswoman for Brent Cross, the figure will hit 100,000 by the end of the day. |