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While many people chose to simply stay home and enjoy some time off with their family, armies of dedicated bargain hunters have been out on the UK's high streets.
The effect has been that retailers have seen customers spending near record amounts as they look to pick up reduced price goods, with some stores in London racking up sales of more than £1000 per minute.
High streets were packed with shoppers looking to pick up something in the sales or exchange unwanted Christmas gifts, as is often the case.
Shopping centres saw hundreds queuing outside their doors from as early as 6am – and some even stayed open till as late as 2am in some cases to make sure that demand was completely satisfied.
This is of course welcome news to retailers who will hope to cash in on the sales ahead of the New Year, but shops and businesses should also bear in mind the security of their stores at this time of year.
Many businesses suffer at the hands of thieves during this time as many owners forget to secure profits or valuables and so purchasing security safes is a good idea for those worried about this.
The Centre for Retail Research (CRR) has predicted that around £1 billion of goods will be lost during the festive period, with the majority of that being down to theft.
Professor Joshua Bamfield, director of CRR, said: "It shouldn't come as a surprise to the industry that shoplifting, employee theft and supply chain fraud are likely to increase during the festive period.
"After all, retailers are less rigorous in their controls at this time of year. However the implications should not be underestimated."
Securing your stock or cash over night in offices safes gives you piece of mind and protects you should you require it.