Deloitte’s 2017 Holiday Survey report was recently released, and provides key insights into the trends American consumers are setting with their holiday shopping habits. Some of the highlights include:
- Holiday shopping will amount to more than $1 Trillion in retail sales, accounting for nearly one-fourth of the year’s total retail sales
- Online spending is expected to outpace in-store purchases for the first time, and the thought of shopping via smartphone continues to increase year-over-year
- Gift cards and clothing tie for the top gift to give, and gift cards are second only to electronics in the category of gifts desired to be received
- Nearly 80 percent of shoppers will complete the majority of their holiday shopping between Black Friday and January 1
Read more into the insights gleaned from the survey results, and projections for the 2017 holiday season in the full report by clicking the link the image below.