Online spending, and the amount of purchases made after the standard shipping deadline, were on the rise this holiday season.
That’s according Loop Commerce, which analyzed consumer gifting behavior and top gifts purchased from retailers, including Macy’s, Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, and Coach, among others, during the 2016 holiday season. The average spend per gift purchased online increased 44% over the same period last year, with fleece outerwear as the top holiday gift purchased in 2016.. . . more