Deep Dive 7 minutes PremiumHoliday 2019: US Retail Outlook—Anticipating 4% Growth Coresight Research October 1, 2019 Executive SummaryContinuing our Holiday 2019 series, this report offers our full look at expected US retail demand this November and December. We expect to see a 4.0% year-over-year increase in US retail sales during the holiday months of November and December. This is in the context of recent solid retail growth: Total retail sales in the latest three months expanded 4.1% year over year. We expect to see slightly more than 23% of all nonfood retail sales go online this holiday season, up 200 basis points year over year. Lower gas prices are a plus for holiday spending, providing as much as an incremental 50 basis points to sales growth. This year has six fewer days between Thanksgiving and Christmas than 2018 – the shortest possible holiday calendar. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weinswig’s Weekly: The Festivalization of Retail: Shop Sooner, Celebrate BiggerUS Consumer Tracker: Fewer Consumers Trade Down To Combat InflationShein’s “Supply Chain as a Service”: Reshaping Retail LogisticsThree Data Points We’re Watching This Week
