Deloitte Predicts Growth for the 2023 Holiday Shopping Season
Higher prices caused by inflation and decreasing pandemic savings will both weigh on projected sales this season.
Source: wwd.com
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Deloitte Predicts Growth for the 2023 Holiday Shopping Season – Footwear News
The peak holiday shopping season is quickly approaching and, according to Deloitte’s annual holiday retail forecast, companies can expect some growth.
Source: footwearnews.com
US holiday sales set for slowest year since 2018 as consumers turn frugal - Business & Finance
Holiday sales in the United States are estimated to grow at their slowest pace in five years, according to a report...
Source: brecorder.com
US holiday sales set for slowest year since 2018 as consumers turn frugal
Holiday sales in the United States are estimated to grow at their slowest pace in five years, according to a report released on Wednesday, as dwindling household savings and worries over the economy prompt consumers to spend judiciously. Sales across physical stores and online channels are expected to rise by 3.5% to 4.6% between November and January, for a total of $1.54 trillion to $1.56 trillion, according to Deloitte. That compares to a 7.6% increase in 2022, Deloitte said, when high inflation drove up prices for everything from Christmas cardigans and toys to home appliances.
Source: yahoo.com
Holiday retail sales forecasted to increase up to 4.6%
New research from Deloitte reports expected growth of 3.5% to 4.6%
Source: supermarketnews.com