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Forecast: Retail Holiday Sales to Increase 4% to 4.5%

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New York― Steadily improving economic fundamentals should moderately boost holiday sales in the stores and online this year, according to Deloitte’s annual holiday sales forecast. “Income, wage and job growth are positive indicators heading into the holiday season,” said Daniel Bachman, Deloitte’s senior U.S. economist. “Debt levels remain at historical …

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Study: Smartphones to Influence $689 Billion in Retail Store Sales by 2016

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New York—Retailers have a good reason to pay attention to consumers’ “showrooming” or shopping in-store to view products and then comparison shopping (or even buying) on their handheld devices. According to a new research by Deloitte released today, smartphones currently influence 5.1% of annual retail store sales. That translates into …