NEW YORK — Seventy-nine percent of consumers will shop for holiday gifts during the period between Thanksgiving and Cyber Monday, according to Deloitte, which has dubbed the upcoming weekend “the most wonderful time of the year” for retailers. Shoppers are expected to spend an average of $415 over Thanksgiving weekend, with 87% of those who
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
NEW YORK— According to a new survey from Deloitte, more than 7 in 10 (71%) holiday shoppers plan to head to the stores and online over the Thanksgiving weekend (Thanksgiving Thursday — Cyber Monday). Holiday shoppers say they’ll spend an average of $420 between Thanksgiving and Cyber Monday, and 88% expect to spend more or the
NEW YORK — Fast and free shipping return as holiday shopper favorites, according to Deloitte’s 33rd annual “Holiday Survey” of consumer spending intentions and trends. Free consistently trumps fast when it comes to shipping preferences: For the second consecutive year, 88% of survey respondents prefer free shipping over receiving their holiday packages faster (12%). The majority
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
NEW YORK — Back-to-school spending is forecast to rise this season, according to recent surveys from the National Retail Federation and Deloitte LLC. Families with children in elementary through high school plan to spend an average $687.72 each, for a total of $29.5 billion, an 8% increase from last year’s $27.3 billion, according to the
NEW YORK — The inaugural weekend to the 2016 holiday shopping season will see consumers spending a bit more, according to a survey from Deloitte LLP. The study projects that 76% of Americans will go shopping over the Thanksgiving weekend, with per-capita spending of $400 over the four days between Thanksgiving and Cyber Monday, an
