Weak Sales Highlight Struggling Retail Sector Last Year
Retailers' sentiments were confirmed by the latest sales indicator released on Friday by the Commonwealth Bank of Australia (CBA), which showed that the sector struggled to achieve sales target last year. REUTERS

Boxing Day may traditionally be known as the day after Christmas when the upper-crust of the United Kingdom gave their servants a box containing a gift for the holidays. However, in 2011, Boxing Day is known as the day for shoppers to score big after-Christmas sales.

Boxing Day 2011 boasts huge sales from some of the biggest brands in the UK, with up to 80 percent slashed off original prices.

Shoppers in London did not let any little transit strike get them down, reports The Mirror. Thousands hit the high street to capitalize on bargains.

Over 700 people lined up at 6:30am Monday morning outside Westfield's Shopping Center in Stratford, East London, to take advantage of the deals after Westfield tweeted it would be opening at 9:00 am.

Here are some of the best Boxing Day 2011 deals from some of the UK's hottest brands.

Westfield: Save up to 70 percent designer stores in The Village in celebration of Boxing Day at the UK's favorite department store.

Zara: The trendy Spanish clothing chain has slashed its prices up to 30 percent. Check out the online sales here.

Selfridges: Get 75 percent off high-end labels. Boxing Day was made for shopping - hit the Selfridges sale for up to 75% off your favorite designers and brands, the store posted on its Facebook page.

Miss Selfridge: The cute subsidiary of Selfridges is offering 50 percent off shoes and accessories.

Marks & Spencer: Get up to 50 percent off clothing and home goods.

GAP: The GAP is offering up to 60 percent off all men's, women's, boys', girls' and baby clothing.

Dorothy Perkins: Get deals up to 50 percent off when purchasing online.

ASOS: ASOS is currently offering up to 50 percent online purchases. Check out the Savvy Sunday deals that will run throughout December as well.

Despite the Eurozone crisis, consumers are expected to spend at least £22.8billion by mid-January 2012. This calculates to a whopping £338million more than in January 2011.