As anywhere from 25-40% of a retailer’s sales comes during this critical time period, it’s no wonder there is so much attention paid to how the holiday season shakes out. Even grocery retailers see a lift from holiday spending – which just goes to show how much the whole sector depends on it. Overall resultsThe National Retail Federation predicts that holiday retail sales will be up 3.6-4% over last year. Deloitte also forecasts holiday spending, but they include restaurants in their total prediction of $1.04 trillion-1.05 trillion, which would be a 4-4.5% increase year over year. All of this says there is a lot of optimism out there for this year’s holiday season.

Source: Forbes November 06, 2017 14:03 UTC