And they're off! Consumers already shopping for holiday
November 12, 2013,
Washington - More than half of U.S. consumers have already begun their holiday shopping, according to the National Retail Federation.
Nearly 54% are on the hunt for gifts, with 46.2% still hanging back - the smallest percentage in the history of the survey, which was conducted by Prosper Insights & Analytics.
The top shopping categories are apparel and related accessories (60.7%), gift cards (59.2%), toys (44.3%), electronics (33.0%), jewelry (23.3%) and sporting goods and leisure items (19.0%).
Most consumers aren't planning to rack up debt for holiday, with 43.7% saying they will pay with debit cards, 25.4% relying on cash and 2.4% paying by a check. Just 28.5% said they will charge their gifts.
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily
Most Viewed Articles
See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more...