Wednesday, September 20, 2017

Deloitte: Retail holiday sales to increase by at least 4%

Retail holiday sales should rise a healthy 4% to 4.5% over last year's shopping season — a factor that could drive sales between $1.04 trillion and $1.05 trillion between November 2017 and January 2018, according to the annual retail holiday sales forecast from the firm’s retail and distribution practices. (Holiday sales are seasonally adjusted, and exclude motor vehicles and gasoline.)
There will also be an 18% to 21% increase in e-commerce sales during the 2017 holiday season, compared with 2016. Overall, e-commerce sales are expected to reach between $111 billion and $114 billion during the holidays.. . . more

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