Skip to main content

Market Overview

NRF Says Holiday Shoppers Got A Head Start In 2014

Share:

The National Retail Federation commented Wednesday that “the average holiday shopper has completed 52.9 percent of their shopping as of December 10, up from 49.9 percent last year" based on a Holiday Consumer Spending Survey conducted by Prosper Insights & Analytics.

“This year we witnessed ‘a tale of two holiday shoppers’ with many jumping on retailers’ early, hard-to-pass-up in-store and online promotions, and others waiting until the last minute to wrap up their lists,” said NRF President and CEO Matthew Shay.

Shay added, “In the final stretch, retailers will continue to look for creative ways to attract those with shopping left to do by offering exclusive Super Saturday promotions, extending their in-store holiday hours and promoting deals on expedited shipping. We are optimistic the holiday season will end on a high note for retailers.”

The NRF survey found that “While there’s plenty of shopping left to do, nearly one-third (32.8 percent) plan to buy their last holiday gift before Thursday, December 18; 14.5 percent will look to Super Saturday (Saturday, December 20) to purchase their last gift, and 9.1 percent will wait until the very last minute and buy their last gift on Christmas Eve. Additionally, more men than women will wait until Christmas Eve to purchase the last gift (10.5 percent versus 7.9 percent respectively).”

 

Related Articles

View Comments and Join the Discussion!

Posted-In: Matthew Shay National Retail FederationNews Retail Sales

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com