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Deloitte

Thanksgiving a ‘wonderful time’ for retailers

Thanksgiving a ‘wonderful time’ for retailers

NEW YORK — Seventy-nine percent of consumers will shop for holiday gifts during the period between Thanksgiving and Cyber Monday, according to Deloitte LLP, which has dubbed the upcoming weekend “the most wonderful time of the year” for retailers. Shoppers are expected to spend an average of $415 over Thanksgiving weekend, with 87% of those

Deloitte: Holiday sales to increase 4.5% to 5%

Deloitte: Holiday sales to increase 4.5% to 5%

NEW YORK — Retail sales this holiday season are likely to increase by between 4.5% and 5%, according to projections by Deloitte. “Based on a growth in consumer disposable income and spending indicators, retailers, across channels, should expect a strong holiday season in 2019,” said Rod Sides vice chairman, Deloitte LLP and U.S. retail and

Holiday sales outlook

NEW YORK — Retailers can anticipate a merry holiday season, with seasonal sales on the rise at least 5% from last year, according to a recent report from accounting firm Deloitte. Deloitte’s retail and distribution practice predicted sales from November through January (seasonally adjusted and excluding motor vehicles and gasoline) topping $1.1 trillion. Comparable retail

Deloitte forecasts holiday sales increase

Deloitte forecasts holiday sales increase

NEW YORK — Retailers can anticipate a jolly holiday season, with seasonal sales up at least 5% from last year, accounting firm Deloitte says in a report released on Wednesday. Deloitte’s retail and distribution practice foresees sales from November through January (seasonally adjusted and excluding motor vehicles and gasoline) topping $1.1 trillion. Comparable retail sales

Deloitte forecasts healthy retail holiday sales gains

Deloitte forecasts healthy retail holiday sales gains

NEW YORK — Retailers should see holiday sales rise a healthy 4% to 4.5% over last year and surpass $1 trillion, according to a forecast by Deloitte, which foresees sales increasing in stores and online. “The projected uptick in holiday sales ties to four primary factors affecting consumer spending, starting with anticipated strong personal income

High holiday hopes

NEW YORK — The nation’s retailers and suppliers can take heart from early indications that the 2016 holiday shopping season will bring good cheer. Millions of Americans have already turned their attention to the holidays, according to the Holiday Consumer Pulse Poll from Rubicon Project Inc., a provider of technology to automate the buying and

Deloitte forecasts holiday sales gains

Deloitte forecasts holiday sales gains

NEW YORK — Retailers should see a modest increase  in holiday sales this year, according to a forecast by Deloitte, which predicts that sales will grow both in stores and online. “We anticipate a modest increase in sales growth as economic fundamentals that boost spending improve further,” said Deloitte senior U.S. economist Daniel Bachman. “Consumers