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24 December 2020 20:33

Chain Reaction Cycles is running a new year sale, offering discounts on everything from bikes to socks.

Around 8.2 million shoppers are expected to hit the high street on Boxing Day, despite extensive new Covid-19 restrictions forcing non-essential retailers to close. However, total Boxing Day spending is expected to fall by more than a quarter compared with a year ago, according to research by the Centre for Retail Research for VoucherCodes.co.uk. Boxing Day sales are expected to be £3.2 billion — down 27 per cent compared with last year — researchers said. Sales in physical stores are expected to reach £1.4 billion, research found, down 56 per cent on the same day last year. Online sales will jump around 56 per cent to £1.8 billion as shoppers stay home, the report added.

Please enter your email address Please enter a valid email address Please enter a valid email address SIGN UP Thanks for signing up to the News newsletter {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{message}} {{/verifyErrors}} The Independent would like to keep you informed about offers, events and updates by email, please tick the box if you would like to be contacted Read our full mailing list consent terms here The Independent would like to keep you informed about offers, events and updates by email, please tick the box if you would like to be contacted But with several parts of England plunged into tier 4, which bans non-essential retailers from opening, just £10.1 billion will be spent during the post-Christmas week, the report said. London and the South East spending will be most sharply affected by the new restrictions, due to being in Tier 4 and having such a high concentration of shopping centres and department stores. Bricks and mortar retailers will be the worst hit, having been expected to make £779 million on Boxing Day in these areas before entering Tier 4. Anita Naik, lifestyle editor at VoucherCodes.co.uk, said: "The post-Christmas sales are always one of the busiest times for retailers, and while this is still the case, it's not surprising to see a decline in sales for the third year in a row, especially due to the new restrictions in place for most of the country. However, the impact on spending in Scotland and Wales — which are both bringing in new lockdown measures from Boxing Day — as well as Tier 4 areas in England is severe." This year's Boxing Day sales might look a little different with shoppers bagging bargains online instead of in-store.

A number of big stores have already confirmed that they will be closed on Boxing Day to give staff a well-earned break after an incredibly tough year. This includes Marks & Spencer, John Lewis, Asda, Poundland, Entertainer and Home Bargains to name a few, so with high street and supermarket closures it means more people will be shopping online. One retailer that is likely to be releasing some deals to finish up the festive period is Amazon. The online retail giant is currently running a last minute Christmas deals sale which runs until midnight on December 23. It's then expected that the site will kick off another sale for Boxing Day, with similar discounts to those currently which includes its own products.

The retailer also reguarly runs a 'lightning deals' section which often features the best discounts for a limited time, or until they're sold out. You can head to the Amazon events page here on Boxing Day to check for new offers. The Boxing Day bike sales are a great way to get more for your money when spending your Christmas pocket money. So that you can spend more time completing the Festive-500, reading your latest subscription of Procycling magazine, or spending time with your family, we've done you a favour and hand-picked some of the best deals from the Boxing Day bike sales and outlined them below. Head over to our USA after-Christmas bike sales roundup Should that not be enough, we've also taken a good gander at the retailers that are getting involved with the January sales, and put together a small roundup of who they are and what they're up to; call it our gift to you this Christmas.

At this time of year, it's not uncommon to feel the pinch of the purse strings, so don't overstretch yourself just because that shiny carbon bike has 50 per cent off, but if you've been on the hunt for a new bike, the latest GoPro, or a posh new pair of cycling shoes anyway, then why pay full whack when you can save a stack? Scroll down and enjoy a browse of our pick of the best cycling deals in the Boxing Day bike sales, and be sure to come back and let us know if we've missed any crackers. Best deals from the UK Boxing Day bike sales Vitus Nippy Superlight Balance Bike | 20% off at Wiggle You know they'll grow out of it before next Christmas, so why bother spending huge money on a tricked out balance bike, when you can get them something that will be durable, adjustable, and really rather affordable. dhb Blok Long Sleeve Jersey | 30% off at Wiggle With two colours and a range of sizes, the Blok jersey features micro-Roubaix fabric for a warm comfortable feel, it features the traditional three pocket layout, along with a fourth security pocket, as well as reflective detailing for safety. dhb MODA Women's Long Sleeve Jersey | 30% off at Wiggle Made from super-soft micro-Roubaix fabric, the Moda women's jersey is super warm, yet lightweight and wicking. dhb MODA Women's Thermal Bib Tight | 30% off at Wiggle The chamois pad is designed to offer comfort for up to three hours at a time, and it's available in sizes 8 to 16. The Abus Aventor is available at ProBikeKit in all sizes and four colours, The highest you'll pay is £89.99 which is still a saving of over 30%.View Deal With a range of sizes across two colours, this helmet is a great buy for anyone looking to add a bit of aero tech to their ride. Looking out of the window of the Cyclingnews office right now, we're unsure why Wiggle's decided to drop 36% off the price of a winter jacket, but they have, and you should probably take advantage while stocks last. Assos Equipe RS Jacket | 42% off at Wiggle Even though it's prime time to buy a winter jacket, Wiggle's still cut the price by a huge amount. PBK Bike Travel Case | 60% off at ProBikeKit If you're hoping the news of a vaccine will allow you to get away on holiday next year, then you might well need a travel case. If you buy the bundle as well as a year's subscription to GoPro, you can get the whole lot for £329.99. This effectively means you're getting £529.98 worth of GoPro goodness with a £200 saving, but even if you choose not to use the bundle products or the subscription, you're still getting over £100 off your camera. Assuming you run disc brakes on your road bike, these wheels would make a brilliant upgrade. SRAM Force eTap AXS 2x | 31% off at Wiggle Where can I find Boxing Day bike sales? There are deals to be found at most stores on Boxing Day, but to save you the effort of trawling the internet to find them, we've outlined a number of cycling retailers below. ProBikeKit has a Boxing Day bike sale with discounts on lights, wheels, shoes and more. Many of the best deals can be found above, but head over to PBK for even more. Wiggle has kicked off its sale in style, with savings on bikes, components, accessories and more. Chain Reaction Cycles is running a new year sale, offering discounts on everything from bikes to socks. Evans cycles is offering up to 50% off clothing, as well as discounts on 2021 bikes this year. Amazon has been running its Boxing Day sales since a few days before Christmas, meaning late shoppers could get their gift buying done on a discount. Tredz is pushing safety with a range of lights and high-vis clothing on offer. Rutland Cycling has a range of budget electric bikes available, as well as deals on some of the best bike lights around. Tweeks Cycles is offering up to 60% off in its Boxing Day bike sales. Hargroves Cycles has slashed the price on all sorts in its Boxing Day bike sales, from aero bikes to electric scooters. Cyclestore is offering up to 30% off lights, bottles, and more, as well as discounts on Specialized and Giant bikes. Leisure Lakes has savings on bikes, helmets, clothing and more. Halfords isn't limited to cycling, but there's plenty to get excited about in the Boxing Day sales. Science in Sport is offering up to 40% off everything in its Boxing Day sales. Velocio is offering discounts on a select few items, ranging from rain jackets and winter socks to summer jerseys. Rapha is running its archive sale, in which you can find everything from road jackets to caps and even saddles. Get our money-saving tips and top offers direct to your inbox with the Mirror Money newsletter Sign up Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid Email Online fashion retailer ASOS. is helping bargain hunters start their Boxing Day shopping early by releasing its sale discounts ahead of Christmas. The popular site is now offering a massive 70% off clothing, shoes, accessories and even beauty products. The new Tier 4 restrictions in the UK mean some non-essential stores won't be open in time for the end of year sales, so several major retailers are offering early reductions online instead. Eager ASOS customers can pick up savings on plenty of branded items in its winter clearance, including high street favourites like Topshop and AllSaints as well as the site's own-brand ranges. Best ASOS sale deals Where to find Boxing Day fashion deals?