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comScore forecasts 17% rise in holiday spending, to $43.4 billion
Reston, Va. -- Online retail spending for the November – December period will reach $43.4 billion, a 17% gain versus year ago, according to comScore. The increase represents an improvement compared with last season’s 15% rise, and is also far ahead of the retail industry’s expectation for a 4.1% increase in consumers’ overall spending this holiday season.
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NPD finds consumers still entertaining this holiday
PORT WASHINGTON, N.Y. — With the holiday season officially underway, North American market research company NPD has reported its findings on consumers’ holiday entertaining purchases.
The group’s Consumer Tracking Service, which culls data from the past 12 months ending Oct. 2012, found that 63% of housewares consumers enjoy hosting parties in their homes.