Retailers Flag Spending Pressures Amid 4.2% Holiday Sales Forecast
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The National Retail Federation projects US holiday sales will accelerate to 4.2%, reaching $1.013 trillion during November and December. Despite this forecast, major retailers, including Walmart, are flagging spending pressures. A Deloitte survey of 4,000 US consumers showed that while average household holiday spending could increase 4% to $1,654, spending on holiday activities is projected to fall 4%.
From 933thedrive.com
Why it matters
Higher household costs amid rising inflation are making shoppers more selective, leading retailers to flag pressure on consumer spending. The forecasts reflect confidence that consumers will prioritize the holiday season even while remaining mindful of their budgets.
Deloitte and National Retail Federation project market size and consumer trends.
From 933thedrive.com
Who's involved
- WalmartU.S. discount retailer flagging spending pressures ahead of the holiday period
- National Retail FederationOrganization projecting US holiday sales growth and consumer trends
- DeloitteProfessional services network conducting consumer surveys on holiday spending
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AmazonSpeculative
Amazon might face pressure on core sales and competitive position due to retail spending pressures and forecasts.
Keep exploring
The entities involved
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Walmart
U.S. discount retailer based in Arkansas
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National Retail Federation
organization
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Deloitte
multinational professional services network founded in 1845