Stores in Canada are gearing up for Boxing Day sales, with many rolling out deals early in the hopes of enticing budget-conscious shoppers.
The Canadian promotional retail event has been overshadowed in recent years by its American counterpart, Black Friday.But experts say Black Friday and Cyber Monday sales fell short of expectations last month, leaving some stores with inventory to clear before the end of the season.
Stores will try to strike a balance between the need to sell surplus stock with maintaining their margins, retail analyst Bruce Winder said. Yet Retail Council of Canada national spokeswoman Michelle Wasylyshen said most retailers are not overly concerned with inventory levels -- at least to the degree some analysts suggest.
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