Deloitte Report Highlights Cautious Spending Amid Holiday Shopping
Tuesday, 15 October 2024, 03:15
Shifting Consumer Behavior
Deloitte's insights shed light on the evolving shopping patterns of consumers. As Mario Toneguzzi indicates, retailers must acknowledge that consumers are embracing cautious spending, which could reshape the retail landscape this holiday season.
Key Insights from the Report
- 67% of Consumers Plan to Spend Less
- Black Friday Arrives Later This Year
- Strategize Early for Maximum Impact
Strategies to Capture Consumer Attention
With Black Friday repositioned in the calendar, retailers have less than four weeks to engage shoppers. Innovating promotional strategies and providing undeniable value will be essential to attract budget-conscious consumers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.