More than seven in 10 consumers will shop online for at least some of their holiday season needs, with nearly 80% of Millennials saying they will use the Internet to address their gift-giving needs, according to The NPD Group’s 2016 Holiday Purchase Intentions Survey.
After rebounding for two months, consumer sentiment fell in early October, with 42.7% of consumers saying they are confident or very confident in the prospects for the economy, according to Prosper Insights & Analytics.
The International Council of Shopping Centers is predicting a 3.3% year-over-year growth in retail sales at brick-and-mortar stores this holiday season.
Retailers in the United States should gear up for the holidays not only with merchandise and additional employees but also with more supply and fulfillment center resources as, according to eMarketer, digital sales will jump 17.2% in November and December.
The Conference Board said its Consumer Confidence Index improved in September after gaining in August, and now rates the strongest since the recession.
Consumer sentiment has rebounded significantly from early summer, with 46.1% of those surveyed by Prosper Insights & Analytics confident or very confident in the strength of the economy.
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Students shopping for back to campus expect to spend more online, according to a study by Branding Brand. The study…