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Daniel Bachman

Deloitte: Holiday sales to grow by 4.5% to 5%

Deloitte: Holiday sales to grow by 4.5% to 5%

NEW YORK — Retail sales this holiday season are likely to increase by between 4.5% and 5%, according to projections by Deloitte. “Based on a growth in consumer disposable income and spending indicators, retailers, across channels, should expect a strong holiday season in 2019,” said Rod Sides vice chairman, Deloitte LLP and U.S. retail and

Deloitte forecasts uptick in holiday retail sales

Deloitte forecasts uptick in holiday retail sales

NEW YORK — Holiday retail sales stand to climb 4% to 4.5% for the 2017 Christmas shopping season, financial consultancy Deloitte projects. Deloitte said Wednesday that its retail and distribution practice pegs overall holiday sales at $1.04 trillion to $1.05 trillion between November and January. The total is seasonally adjusted and excludes motor vehicles and