The International Council of Shopping Centers is predicting that holiday sales will climb 4.9 percent this year.
In its holiday report, the International Council of Shopping Centers said sales will climb 4.9 percent this year — driven by consumers shopping in stores and online. The ICSC also said a large number of shoppers will be using mobile devices inside stores this year.
The ICSC’s “Holiday Intentions Survey” has retail sales pegged rising to $832.3 billion with “the average adult” planning to spend about $683 on holiday-related items. This includes $496 specifically on gifts and $187 on “other holiday items.” The survey also showed that 48 percent of consumers plan on using “click and collect” this holiday, which is also known as buy online, pick up in-store.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Swedish think-tank sees slower growth, rates on holdSweden's economy is slowing and the central bank will be forced to keep the...
Read more »
Exclusive: Airbus defense unit sees cash challenge, adopts efficiency planAirbus Defence and Space has issued an internal warning of significant challenge...
Read more »
Brazil president sees crime behind mystery oil slicksBrazilian President Jair Bolsonaro said on Tuesday that mysterious oil slicks po...
Read more »
New York City Sees Uptick in Murders, ShootingsThe increase in murders in the last four weeks was driven in part by a quadruple homicide in Manhattan’s Chinatown neighborhood on Saturday
Read more »
Inside Soap Awards boozy after party sees the stars let looseIt's one of the biggest nights in the soap calendar and the stars were determined to celebrate in style
Read more »