ThinkNow Retail™ Hispanic Holiday Shopping Trends [Snapshot] 2016


Manage episode 170949645 series 1346091
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Holiday Shopping season looks to be a bright spot for U.S. retailers, significant lift among Hispanic consumers expected. All signs point to a strong holiday season so far despite the typical pullback in consumer spending in September and October due to a presidential election. Deloitte expects up to a 4% increase in holiday spending from last year pushing total holiday sales to more than $1 trillion in 2016. The consulting firm also anticipates a 17% to 19% increase in e-commerce sales to more than $96 billion compared with last year. With almost 40% of the U.S. population comprised of Hispanic, African-American, and Asian consumers, we were curious to learn how each group’s holiday shopping habits are similar and different to each other. We’ve done so in our in-depth research series: ThinkNow Retail™ Total Market Holiday Shopping Trends. Download Our Report Here -

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