Insight Report 6 minutes PremiumConsumer Shopping Insights for Holiday 2018: Solid Demand Set to Take Per-Shopper Spend Above $1,000 Coresight Research October 29, 2018 Executive SummaryConsumers in the US are set to spend an average of $1,007 this holiday shopping season, or 4.1% more than they planned to spend last year, according to the National Retail Federation’s (NRF’s) annual holiday spending survey, conducted by Prosper Insights & Analytics. We parsed the data and discovered a few gems that can help retailers and brands as they plan for this holiday: Department stores came in a close second to e-commerce sites as millennials’ intended holiday shopping destinations. The #1 gift millennials want to receive is clothing and accessories. Millennials are more likely than any other age group to plan to take advantage of sales and discounts during the holiday shopping season and to buy non-gift purchases. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Retail-Tech Landscape: Retail MediaAmazon Prime Day 2023 Insights: New Features and Innovations for the Shopping Festival Amid Competition and Other ChallengesAnalyst Corner—Profit Potential for Preloved Products? A View of the US Fashion Resale Market with Sunny ZhengWeekly US and UK Store Openings and Closures Tracker 2024, Week 11: The Body Shop Closes All US Stores; Dollar Tree, Inc. To Shutter 1,000 Locations
