Circana urges earlier holiday media push as shopping habits shift
Retailers and brands should invest earlier in social commerce, creators, and retail media as the holiday shopping journey evolves.
Retailers and brands should invest earlier in social commerce, creators, and retail media as the holiday shopping journey evolves.
“The holiday shopping season is no longer defined by a handful of peak shopping days,” said Kelly Askew, Accenture’s global Retail lead.
The forecast predicts record sales, but Bain noted that Growth conceals pressures that complicate the consumer spending outlook.
Seasonal plans include gift ideas curated by price and an expanded product assortment.
Survey finds consumers will shop more in-store this year than last.
Breaking a record from 2019, consumers are expected to spend $902 per person on average on gifts, food, decorations and other seasonal items for the winter holidays.
Walmart's first "Holiday Deals" event is running from October 8-13.