Holiday Retail Sales for 2024 to Hit Record $1 Trillion

Dec 2, 2024  · Retail consulting firm Forrester predicts holiday retail sales for November and December 2024 will hit a record $1 trillion, with over a quarter of these sales taking place online. Of this total, approximately $160 billion, or 16%, is expected to be returned, with return costs …


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Holiday Retail Sales For 2024 To Hit Record $1 Trillion

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Dec 2, 2024  · Retail consulting firm Forrester predicts holiday retail sales for November and December 2024 will hit a record $1 trillion, with over a quarter of these sales taking place online. Of this total, approximately $160 billion, or 16%, is expected to be returned, with return costs …

worldpropertyjournal.com

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Holiday Retail Sales For 2024 To Hit Record $1 Trillion

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Dec 5, 2024  · Retail consulting agency Forrester predicts vacation retail gross sales for November and December 2024 will hit a document $1 trillion, with over 1 / 4 of those gross sales …

incpress.com

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2024 Holiday Spending Could Approach $1 Trillion, Retail Group …

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Oct 15, 2024  · The NRF is predicting that Americans will spend between $980 billion and $990 billion on core retail sales during the two-month holiday season, up from last year’s record …

forbes.com

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Data Suggest Solid 2024 Holiday Sales - Practical Ecommerce

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Nov 26, 2024  · Online holiday sales in 2024 will reach $300.0 billion, up 8.3% from the prior year, according to the NRF. ‘The most mobile’ year for ecommerce. Adobe expects U.S. online …

practicalecommerce.com

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2024 Holiday Spending Could Approach $1 Trillion, Retail Group …

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2024 Holiday Spending Could Approach $1 Trillion, Retail Group Says Written by Joan Verdon - Forbes Posted on October 21, 2024 October 21, 2024 Less than 0 min read Saving Bookmark …

retailwit.com

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Holiday Returns Expected To Reach $160 Billion This Season

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CBRE projects $160B in holiday retail returns for 2024. Retailers adopt BORIS to cut costs and improve customer experience. ... to estimate the total value of holiday 2024 returns by …

cbre.com

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Holiday Sales Expected To Hit $1 Trillion This Year - Spectrum News

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Oct 18, 2024  · Retail sales this holiday season are expected to reach an all-time high of $1 trillion. The National Retail Federation expects consumers will spend 2.5-3% more this year …

spectrumnews1.com

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US Holiday Retail Sales To Reach $1 Trillion | Retail Dive

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Nov 14, 2024  · Like the NRF, Deloitte also predicts that retail sales will reach between $1.58 trillion and $1.59 trillion during this year’s holiday season, growing between 2.3% and 3.3% …

retaildive.com

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Steady Sales Growth Expected For 2024 Holiday Season, According …

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Oct 15, 2024  · 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 …

nrf.com

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Record $979.5-$989 Billion Holiday Spending In 2024... | DeepNewz

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20 hours ago  · Americans have set a new record for holiday spending in 2024, with retail sales reaching between $979.5 billion and $989 billion from November 1 to December 31, according …

deepnewz.com

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Holiday Shopping Boon! Americans Expected To Spend More In …

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Oct 15, 2024  · Online and other non-store sales, which are included in the total, are expected to increase between 8% and 9%, to a total of between $295.1 billion and $297.9 billion. That's up …

usatoday.com

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How Companies Can Get Their Share Of The $1.59 Trillion Holiday …

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Sep 30, 2024  · While Deloitte is still forecasting a moderate increase of 2.3-3.3% in overall holiday sales – totaling around $1.59 trillion – the pace is slower compared to last year, when …

forbes.com

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US Holiday Retail Sales Stronger Than Last Year, Mastercard Says

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4 days ago  · According to a Mastercard SpendingPulse report, online spending during the holiday shopping period from Nov. 1 to Dec. 24 grew by 6.7% over last year, compared to a 2.9% …

reuters.com

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Expect Holiday Sales Growth Despite Shorter Season In 2024: NRF

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Oct 21, 2024  · Retail is the nation’s largest private-sector employer, contributing US$5.3 trillion to annual GDP and supporting more than one in four jobs in the United States. The report …

ecommercetimes.com

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Holiday Retail Sales Rise 3.8%, Mastercard Says - Axios

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4 days ago  · Holiday season retail sales rose 3.8% this year over last, Mastercard says, as more people dined out and bought clothes and jewelry.. Why it matters: The report suggests a …

axios.com

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Holiday Sales Rose 3.8% On Mix Of Optimism And ‘doom Spending’

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4 days ago  · The data: US retail spending from November 1 to December 24 rose 3.8% YoY, per Mastercard SpendingPulse, excluding auto sales. Ecommerce sales were up 6.7% YoY, while …

emarketer.com

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Cyber Monday Hits Record $13.3 Billion In Online Spending With …

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2024 holiday season off to a strong start. Season-to-date (Nov. 1 to Dec. 2, 2024), consumers have spent a total of $131.5 billion online, up 9.0% YoY. Mobile shopping has driven a 53.1% …

adobe.com

FAQs about Holiday Retail Sales for 2024 to Hit Record $1 Trillion Coupon?

How will 2024 holiday sales compare to 2023?

We expect 2024 holiday sales to follow a similar pattern as 2023. We forecast 2024 holiday retail sales at $1.353 trillion, growing 4.8% YoY. Ecommerce sales will grow 9.5% to $266.89 billion, as consumers prefer online shopping for quick purchases and price comparisons. Non-ecommerce sales will grow 3.7% to $1.1 trillion. ...

How much will Americans spend on holiday sales in 2023?

The NRF is predicting that Americans will spend between $980 billion and $990 billion on core retail sales during the two-month holiday season, up from last year’s record spending total of $955 billion in 2023. The NRF forecast does not include automobile, gasoline, or restaurant sales. Last year the NRF forecast holiday growth of 3% to 4%. ...

What's going on with retail sales in 2024?

Despite recent hurricane impacts, the economy generally remains strong, with consumer spending driving growth in the 2024 winter holiday season, according to the National Retail Federation (NRF) retail sales forecast released Oct. 15. The Washington, D.C.-based NRF advocates for the people, brands, policies, and ideas that help retail succeed. ...

How much will retail ecommerce sales grow in 2024?

More than a third (37%) will research products on a retailer’s website but wait to buy them in a physical store. US retail mcommerce holiday sales will grow 13.4% to $140.65 billion in 2024, making up over half (52.7%) of total holiday retail ecommerce sales, per a July 2024 EMARKETER forecast. ...

Will Americans spend more on holiday shopping in 2024?

Holiday shopping boon! Americans expected to spend more in 2024 Holiday spe nding is expected to grow this year, up between 2.5% and 3.5% over last year, according to the National Retail Federation. ...

How can retailers maximize sales during holiday 2024?

Amid shifting consumer priorities, competitive promotional activity, and an unusual calendar, brands and retailers must fine-tune their holiday 2024 marketing strategies to maximize sales during this critical period. ...

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