How 5 Fewer Holiday Shopping Days Impacts Retailers In 2024

Oct 25, 2024 · The National Retail Federation (NRF) released its 2024 winter holiday season forecast, predicting core retail, excluding motor vehicles and parts stores, gasoline stations …

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KPMG 2024 Consumer Holiday Shopping Survey

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October 21, 2024. (October 21, 2024)—U.S. consumers are set to spend 4% more on holiday shopping this year, with average spending projected to reach $948, compared to $911 in …

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ICSC’s 2024 Holiday Shopping Intentions Survey Outlines Resilient ...

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Oct 16, 2024 · Retailers can expect to see 3.0% to 3.5% growth in retail sales this holiday season, as deals and discounts continue to shape consumer behavior. NEW YORK, October 16, 2024 …

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Holiday Shopping Boon! Americans Expected To Spend More In …

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Oct 15, 2024 · Holiday spe nding is expected to grow this year, up between 2.5% and 3.5% over last year, according to the National Retail Federation. Consumers are expected to spend …

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2024 Holiday Shopping Report | Theatro Labs

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Oct 22, 2024 · Retail industry labor shortages remain a critical issue with wide-spread impact–including greater shopping cart abandonment in the stores during the holidays. 47% of …

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Holidays 2024: Are Shoppers And Retailers In Sync?

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Sep 28, 2024 · In the Coveo 2024 Holiday Shopping Report, 68% of U.S. shoppers said they plan to shop at one or more stores on Black Friday or Cyber Monday, with big box/department …

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FAQs about How 5 Fewer Holiday Shopping Days Impacts Retailers In 2024 Coupon?

Does holiday shopping affect consumer confidence in 2024?

Based on historical precedents from the 2016 and 2020 election years, the Boston Consulting Group (BCG) in its “Deck the Halls Differently for 2024 Holiday Retail Success” report, found virtually no impact on holiday spending. While it negatively impacts consumer confidence for the losing party, consumer holiday shopping continued to hold up. ...

Are retailers facing a difficult year-end holiday season?

Retailers face a challenging year-end holiday season, complicated by the election, drop in consumer confidence and five fewer peak shopping days in 2024. ...

Will the shortened holiday shopping season drag on retail sales?

The more controversial the election results are, the more the shortened holiday shopping season could drag on retail sales. Despite NRF’s talk of consumer spending momentum, only one retail sector drove overall growth through the past three quarters: nonstore and e-commerce retail, core retail’s largest sector. ...

Why do consumers visit physical stores during the holiday season?

Nearly one-fifth of consumers rank holiday displays and store atmosphere (22%), holiday-specific products (21%) and making an event out of the shopping trip (17%) as the top three factors influencing their decision to visit physical stores during the holiday season. ...

What does the low end of the holiday forecast mean for retail?

Since core retail has advanced 3.3% through September, according to the Census Bureau’s Retail Trade Survey, the low end of its holiday forecast implies a slowdown rather than continued momentum. ...

Should retailers use winter holidays to attract young shoppers?

Survey conducted June 8-9, 2024 among a representative sample of 2,200 U.S. adults, with an unweighted margin of error of +/-2 percentage points. These events aren’t explicitly tied to winter holidays, and retailers should deploy these options year-round to draw in young shoppers. ...