Reported 27 days ago
Deloitte's annual holiday retail forecast predicts a retail sales growth of 2.3% to 3.3% from 2023, indicating a return to more typical growth patterns. Michael Jeschke of Deloitte highlights that while inflation has driven prices up, its recent decline provides consumers with more spending power, creating a mixed impact on holiday shopping. Retailers employing an omnichannel approach are expected to perform better, and shoppers are encouraged to shop early and leverage loyalty programs for the best deals.
Source: YAHOO