According to Deloitte’s annual holiday retail sales estimate, holiday retail sales are expected to rise between 7% and 9% in 2021. Holiday sales are expected to total $1.28 to $1.3 trillion from November through January, according to Deloitte’s retail and distribution practice.
During the 2021-2022 holiday season, Deloitte predicts that e-commerce sales would increase by 11-15 percent year over year. This year’s e-commerce Christmas sales are expected to be between $210 billion and $218 billion.
”We anticipate strong consumer spending for the upcoming holiday season. As vaccination rates rise and consumers are more comfortable being outside of the home, we are likely to see increased spending on services, including restaurants and travel, while spending on goods will continue to hold steady. A steady decline in the savings rate to pre-pandemic levels will support consumer spending and keep retail sales elevated this season,” said Daniel Bachman, Deloitte’s U.S. economic forecaster.
“Retailers should expect a good holiday season across channels,” said Rod Sides, vice chairman and U.S. retail and distribution sector head at Deloitte LLP. “While consumer concerns about health and safety have subsided since the previous holiday season, pandemic-influenced shopping behaviors are gaining popularity. Retailers who adapt to changing consumer habits and provide simple options for online and in-store shopping, as well as order fulfillment, will prosper this Christmas season and into the new year.”
Toggle panel: Yoast SEO
Focus keyphraseHelp on choosing the perfect focus keyphrase(Opens in a new browser tab)Get related keyphrases(Opens in a new browser window)
Preview as:Mobile resultDesktop resultUrl preview:
Nov 17, 2021 － Get the latest news on business and politics in Africa. Olatorera Consultancy Limited highlights Africa’s Best and news that affects development across …SEO titleInsert variableTitle Page Separator Site title Site titleTitlePrimary categorySeparatorSlugMeta descriptionInsert variableGet the latest news on business and politics in Africa. Olatorera Consultancy Limited highlights Africa’s Best and news that affects development across the continent.Site titleTitlePrimary categorySeparator
Toggle panel: Options for This Post/Page
Toggle panel: Simple WP Membership Protection
Toggle panel: Add A Review For This Posts
Toggle panel: Recipe For This Posts
During the 2021-2022 holiday season, Deloitte predicts that e-commerce sales would increase by 11-15 percent year over year. This year’s e-commerce Christmas sales are expected to be between $210 billion and $218 billion.
”We anticipate strong consumer spending for the upcoming holiday season. As vaccination rates rise and consumers are more comfortable being outside of the home, we are likely to see increased spending on services, including restaurants and travel, while spending on goods will continue to hold steady. A steady decline in the savings rate to pre-pandemic levels will support consumer spending and keep retail sales elevated this season,” said Daniel Bachman, Deloitte’s U.S. economic forecaster.
“Retailers should expect a good holiday season across channels,” said Rod Sides, vice chairman and U.S. retail and distribution sector head at Deloitte LLP. “While consumer concerns about health and safety have subsided since the previous holiday season, pandemic-influenced shopping behaviors are gaining popularity. Retailers who adapt to changing consumer habits and provide simple options for online and in-store shopping, as well as order fulfillment, will prosper this Christmas season and into the new year.”
Senator representing Ogun State East, two term former Governor of Ogun State, Otunba Justus Gbenga…
The Ogun State Gateway international Airport was officially commissioned in April 2026 with Princess Olatorera…
As you celebrate on this special day, may your heart be filled with pure joy,…
Princess Olatorera Majekodunmi-Oniru, HRH of Nigeria, attended the official APC Convention event at Eagle Square…
The grand celebration on March 8th in Honor of International Women's Day celebrated iconic women…
Today, the Office of Princess Olatorera Majekodunmi-Oniru marks her 39th birthday, amidst national and international…