CNBC
The holiday season is less and less important for retailers, as more shopping moves online, according to a new study.
Coresight Research called out “the ongoing trend of holiday shopping becoming less important to key retailers.” It said the holiday season accounted for almost 24% of all retailers’ sales in the late 1990s, but is closer to 21% today. And Coresight is expecting that percentage to continue to shrink. . . . more