Are you ready for a holiday season filled with surprises? American consumers are showing no signs of slowing down their spending, much to the amazement of experts.
Driving the Retail Sector
Despite potential economic pressures, consumers are more than willing to open their wallets where they see value. The National Retail Federation (NRF) predicts a growth in holiday sales that aligns perfectly with expectations of sales in line with inflation.
The Rise of Online Shopping
One of the most significant trends this holiday season is the exponential growth of online shopping. Mobile shopping, in particular, has become a prominent trend that is reshaping the way consumers shop. The pandemic has revolutionized online shopping, and it is set to continue growing and shaping consumer habits moving forward. Get ready for a holiday season filled with surprises and exciting trends in consumer spending!