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Retail executives surveyed echoed consumer optimism, with 80% expecting sales growth this holiday season aided by anticipated traffic growth in both in-store and online channels. However, 78% felt that earlier promotions are pulling sales forward, emphasizing the need for retailers to have the right products and prices early in the season. Top Categories to Watch in 2024. Thanksgiving shopping has consistent frontrunners in product demand: Electronics: Technology, from smart home devices to gaming consoles, remains a hot pick. Beauty and Personal Care: Luxurious skincare and beauty sets make ideal gifts and are increasingly popular during holiday sales. Discover this year’s holiday retail trends and predictions in Adobe’s report. Uncover valuable insights and statistics on consumer spending this holiday season. First, the shorter Thanksgiving-to-Christmas shopping window will make early holiday sales more critical to full-season results. Second, the Presidential election while be a distraction for many and will crowd the media market, but shopping is likely to accelerate once votes are cast. The holiday forecast is consistent with NRF’s forecast that annual sales for 2024 will be between 2.5% and 3.5% over 2023. A primary contributor of overall retail sales growth is expected from online shopping. U.S. holiday sales are expected to grow as much as 3.5%, the slowest pace in six years, the National Retail Federation forecast on Tuesday, as shoppers turn more frugal and get picky with... Oct 15 (Reuters) - U.S. retailers are gearing up for a shorter-than-usual holiday shopping window this year, with price-conscious shoppers focused on deals and promotions around key events such as... Traditional “deal days” like Black Friday and Cyber Monday remain valuable for price-conscious consumers looking to prioritize deals NEW YORK, November 18, 2024 – ICSC's Thanksgiving Weekend Intentions survey shows that consumer spending is expected to reach nearly $125 billion during the five-day period between Thanksgiving and Cyber ... In 2024, 32 percent of consumers in the United States were planning to spend between 100 to 199 U.S. dollars for Thanksgiving. According to the survey, only about five percent of consumers were...

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