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1. • $1,520 per household

     • In its 2022 Holiday Retail Outlook, Deloitte Canada says overall holiday spending is expected to fall 17 per cent to $1,520 per household as recessionary concerns and higher interest rates rein in budgets.
     Reference:

     Holiday spending in Canada expected to fall amid recession ...

2. www2.deloitte.com › content › damSpending less, connecting more - 2022 holiday retail outlook

   www2.deloitte.com › content › dam

   2022 holiday retail outlook. Canadians are craving connection this holiday season. Recent holiday seasons have seen Canadian consumers cycle between cautious optimism and concern.

   • 2022 Canadian retail outlook

     Demand for talent led to rising labour costs and...

   • 2024 Holiday Retail Outlook

     Our 2024 holiday retail outlook may give retailers cause for...

3. www2.deloitte.com › ca › en2022 Canadian retail outlook - Deloitte Canada

   www2.deloitte.com › ca › en

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   Demand for talent led to rising labour costs and inflationary pressures increased at an unprecedented rate. The pandemic led many retailers to seize the chance to make long-overdue investments in systems and processes to meet consumers’ rapid embrace of omnichannel shopping.

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4. Videos

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     .deloitte.com

     2024 Holiday Retail Outlook | Deloitte Canada

     Sep 28, 2023

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     5:15

     globalnews.ca

     2020 holiday retail forecast

     Nov 14, 2020

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     8:03

     youtube.com

     Expect deals in tough holiday season for retailers

     Oct 18, 2022

     6.9K Views

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5. retail-insider.com › retail-insider › 2022Consumer Spending Downturn Expected for Retailers in Canada ...

   retail-insider.com › retail-insider › 2022

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   Oct 18, 2022 · Overall holiday spending will fall 17 per cent this year, to $1,520, with the biggest cuts in non-gift electronics (-55 per cent), travel (-30 per cent), and non-gift clothing (-27 per cent); Canadians will shop early and hunt for deals to stretch their holiday budget: One in three (37 per cent) will shop earlier this year, with 46 per cent ...

6. www2.deloitte.com › holiday-retail-outlook2024 Holiday Retail Outlook - Deloitte Canada

   www2.deloitte.com › holiday-retail-outlook

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   Our 2024 holiday retail outlook may give retailers cause for cautious optimism around spend this season, with consumers shopping for value, trust, and transparency above all else.

7. globalnews.ca › news › 9206477Holiday spending in Canada expected to fall amid recession ...

   globalnews.ca › news › 9206477

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   Oct 18, 2022 · In its 2022 Holiday Retail Outlook, Deloitte Canada says overall holiday spending is expected to fall 17 per cent to $1,520 per household as recessionary concerns and higher interest...

8. www.jll.ca › research › canada-retail-holiday-surveyCanada Retail Holiday Survey - JLL

   www.jll.ca › research › canada-retail-holiday-survey

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   Nov 14, 2024 · Executive Summary. This festive season, Canadian budgets for holiday goods are seeing a merry increase of 32 percent year-over-year – the most significant rise since 2019. Deal-seeking behaviour shapes holiday shopping strategies, with nearly 90 percent of respondents looking for bargains.

9. People also ask

   What's going on with Canadian holiday spending in 2022?

   • In its 2022 Holiday Retail Outlook, Deloitte Canada says overall holiday spending is expected to fall 17 per cent to $1,520 per household as recessionary concerns and higher interest rates rein in budgets. It says Canadians are also planning to shop early and hunt for deals in a bid to stretch their spending power.

   Holiday spending in Canada expected to fall amid recession concerns

   globalnews.ca/news/9206477/holiday-spending-deloitte-canada-outlook/

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   Is consumer holiday spending outlook down again?

   • However, consumer holiday spending outlook is down again, said the Deloitte report. Marty Weintraub, Partner, National Retail Leader at Deloitte Canada, described the report as coming at “an interesting point in time” to be looking at what consumers are going to be spending for the holiday season.

   Consumer Spending Downturn Expected for Retailers in Canada for Holi…

   retail-insider.com/retail-insider/2022/10/consumer-spending-downturn-expected-for-retailers-in-canada-for-holiday-2022-deloitte-report/

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   What is the retail outlook for 2024?

   • Our 2024 holiday retail outlook may give retailers cause for cautious optimism around spend this season, with consumers shopping for value, trust, and transparency above all else.

   2024 Holiday Retail Outlook - Deloitte Canada

   www2.deloitte.com/ca/en/pages/strategy/articles/holiday-retail-outlook.html

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   Will Canadians shop at Amazon in 2022?

   • Hudson’s Bay Queen Street Holiday 2022 (Image: Dustin Fuhs) Weintraub said 71 per cent of Canadians are likely to shop at Amazon this year versus 62 per cent last year. He said 43 per cent will start their holiday shopping in November versus 35 per cent last year. Everyone is starting earlier and will be done earlier this holiday shopping season.

   Consumer Spending Downturn Expected for Retailers in Canada for Holi…

   retail-insider.com/retail-insider/2022/10/consumer-spending-downturn-expected-for-retailers-in-canada-for-holiday-2022-deloitte-report/

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   What does the 2024 holiday retail outlook look like?

   • Our 2024 holiday retail outlook may give retailers cause for cautious optimism around spend this season, with consumers shopping for value, trust, and transparency above all else. This is a modal window. Beginning of dialog window. Escape will cancel and close the window. This is a modal window.

   2024 Holiday Retail Outlook - Deloitte Canada

   www2.deloitte.com/ca/en/pages/strategy/articles/holiday-retail-outlook.html

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   What is Canada's top shopping method for the 2023 holiday season?

   • Shopping centres are the top shopping method for the 2023 holiday season, surpassing other forms of physical retail and online shopping. This year 71 percent of Canadian shoppers plan to shop at a physical store located in a shopping centre. Buying from an internet-only store such as Amazon is a close second, indicated by 64 percent of shoppers.

   Canada Retail Holiday Survey - JLL

   www.jll.ca/en/trends-and-insights/research/canada-retail-holiday-survey

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10. canadiangrocer.com › shoppers-look-rein-holidayShoppers look to rein in holiday spending due to higher food ...

    canadiangrocer.com › shoppers-look-rein-holiday

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    Oct 18, 2022 · In its 2022 Holiday Retail Outlook, Deloitte Canada said Tuesday (Oct. 18) overall holiday spending is expected to fall 17% to $1,520 per household as recessionary concerns and higher interest rates rein in budgets.