×
905
Fashion Jobs
CLINIQUE
Clinique - Consultant - Hbc Bayshore in Ottawa, on
CDI · Ottawa
FOOT LOCKER
Buyer - Women's Footwear & Apparel
CDI · Toronto
FOOT LOCKER
Buyer - Women's Footwear & Apparel
CDI · Toronto
FOREO
Professional Channel Account Manager
CDI · Toronto
ADIDAS
Senior Financial Analyst, Adidas Brand
CDI · Vaughan
ADIDAS
Senior Financial Analyst, Adidas Brand
CDI · Vaughan
VICTORIA'S SECRET
Brand Operations Manager-Yorkdale
CDI · Toronto
HUGO BOSS
Purchasing & Imports Administrator - Toronto
CDI · Ontario
ESTÉE LAUDER
Business Manager - Estee Lauder - Richmond, bc
CDI · Victoria
CLINIQUE
Associate Consultant - Clinique - Sarnia, on
CDI · Sarnia
CLINIQUE
Hrs - Clinique - Consultant at Hbc Bayshore, Ottawa, on
CDI · Ottawa
VICTORIA'S SECRET
Brand Operations Manager-Promenades st. Bruno
CDI · St-Bruno-de-Montarville
VICTORIA'S SECRET
Brand Operations Manager-Yorkdale
CDI · Toronto
VICTORIA'S SECRET
Market Visual Manager in Training - Victoria's Secret - British Columbia - Canada
CDI · Victoria
ESTÉE LAUDER
Marketing Manager - Tom Ford, by Killian, Frederic Malle & le Labo
CDI · Toronto
CLINIQUE
Clinique Consultant - 30 Hrs - Hudsons Bay Whiteoaks - London, on
CDI · LONDON
CLINIQUE
Clinique Consultant - 18 Hrs - Hudsons Bay Whiteoaks - London, on
CDI · London
CLINIQUE
Clinique Consultant - 39 Hrs - Montréal, qc
CDI · Montreal
CLINIQUE
Clinique - Consultant - Hudson's Bay Montreal - Montreal, qc
CDI · Montreal
ESTÉE LAUDER
Business Manager - Estée Lauder - Toronto, on
CDI · Toronto
CLINIQUE
Clinique Consultant- Southcentre - Calgary, ab
CDI · Calgary
CLINIQUE
Clinique Consultant- Kingsway Mall
CDI · Edmonton

This year's holiday sales could break records at over $1 trillion

Published
today Nov 7, 2018
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

This holiday shopping season is set to bring in $1.002 trillion in U.S. sales, according to an eMarketer report, with the majority of sales coming from brick-and-mortar retailers. 


This year's holiday shopping could be the highest since 2011, with brick-and-mortar sales holding the lead. - facebook.com/CFPacificCentre


The market research company raised their Q3 2018 prediction based on low unemployment, strong income growth and high consumer confidence. Assuming the forecast comes to fruition, this will mark the first time holiday sales exceed $1 trillion. 

Set between November 1 and December 31, the 2018 holiday season's revenues are expected to increase in total by 5.8 percent, exhibiting the strongest growth the country has seen since 2011. 

Brick-and-mortar sales for the season are predicted to increase from $863 billion to $878.38 billion, and represent the vast majority of holiday sales at 87.7 percent. E-commerce sales continue to rise, making up 12.3 percent of total holiday retail sales for 2018 and increasing by 16.6 percent to $123.73 billion. However, eMarketer analysts say that physical retailers are holding the top spot by "luring in shoppers with remodeled stores, streamlined checkout and options to buy online, pick up in-store.”

The stellar spending trajectory will be further supported by what eMarketer calls "a favorable holiday calendar," with a full 32 days to shop between Thanksgiving and Christmas.

Despite the looming threat of Chinese tariffs, sales are expected to be relatively unaffected until after the holiday season, thanks to retailers stocking up on imports early. According to eMarketer, tariffs on imports from China aren't expected to make a noticeable difference to consumers until 2019. 

The market research company also notes that the share of holiday purchases made via tablets and smartphones is growing, representing 43.8 percent of e-commerce, or 5.4 percent of total holiday sales, in 2018.  

Copyright © 2019 FashionNetwork.com All rights reserved.