Why The 2024 Holiday Shopping Season Will Be A Mixed Bag For …

Nov 1, 2024 · Photo by Sean Gallup/Getty Images. Getty Images. With 53 shopping days remaining until Christmas, retailers and brands are preparing for a holiday season marked by heightened price sensitivity and ...

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2024 Retail Holiday Shopping Season So Far – Report

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Dec 10, 2024 · Total retail store visits during the 2024 holiday shopping season are down -5.40% compared to 2023. In early December, foot traffic lagged well behind 2023 levels—down over …

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Holiday Shopping Boon! Americans Expected To Spend More In …

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Oct 15, 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.. Consumers are expected to spend …

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The 2024 Holiday Shopping Season Is Short. Should We Sweat It?

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Nov 26, 2024 · The holiday season is often resilient in terms of sales growth. The National Retail Federation (NRF) reported that 2023’s holiday spending rose 3.8% despite economic …

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Holiday Sales Trends: What Consumers Bought Most In 2024

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3 days ago · Social commerce, particularly through TikTok, has significantly influenced purchasing decisions this holiday season. A 24% increase in purchases made directly via TikTok has …

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Only 16% Of Holiday Shoppers Plan To Spend More This Season

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Dec 12, 2024 · Participants in the CNBC All-America Economic Survey say that prices for holiday gifts are higher this year than last. That may be affecting spending patterns.

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Holiday Shoppers Shelled Out More On Gifts, Restaurants, And Decor …

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6 days ago · In the fall, the trade group had predicted an increase of between 2.5% and 3.5% compared to the 2023 season, for a total of between $979.5 billion and $989 billion in holiday …

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FAQs about Why The 2024 Holiday Shopping Season Will Be A Mixed Bag For … Coupon?

Why is the 2024 holiday season so difficult?

The 2024 holiday season will be particularly challenging due to a shortened shopping period, with only 27 days between Thanksgiving and Christmas. The last time the holiday season was this short was in 2019 when marketers compensated by starting their campaigns early and extending store hours during peak shopping days. ...

What is the retail holiday outlook for 2024?

The 2024 retail holiday outlook is shaping up to be one of the most pivotal in recent memory for retailers. With fewer shopping days, new consumer habits, and a mixed economic outlook, the stakes have never been higher. This complex combination likely will result in clear winners and losers this holiday season. ...

How will the 2024 holiday shopping season impact your business?

The 2024 holiday shopping season promises to be dynamic and transformative, with several key trends shaping consumer behavior. From the rise of mobile and voice commerce to the growing importance of sustainability and AI-driven personalization, businesses must stay ahead of these trends to meet customer expectations. ...

What are the predictions for the 2024 holiday shopping season?

From early-bird shopping to the election’s potential impact, here are my predictions for the 2024 holiday shopping season. Though inflation has gradually declined, prices are still elevated compared to before the pandemic, and consumers are still feeling stressed out. ...

How can marketers navigate the holiday season in 2024?

By understanding the macroeconomic environment, leveraging historical patterns, and strategically planning around the unique events of 2024, marketers can effectively navigate this complex holiday season. The key lies in early preparation, consistent engagement, and a keen understanding of consumer behavior amidst these unprecedented times. ...

Why is 2024 more challenging than 2023?

However, many believe that 2024 has been more challenging for U.S. retailers due to several reasons, some of which being the shorter holiday season and heightened economic pressures. As a result, the push to spread sales comes earlier this year, as the 2024 holiday season is five days shorter than in 2023, leaving less time to meet revenue targets. ...