National Retail Federation<\/a>, sales this holiday season are expected to hit $1 trillion.<\/p>\nWATCH BELOW: Holiday shopping expected to hit historic $1 trillion<\/b><\/p>\n
Holiday sales to surpass $1 trillion in 2025<\/p>\n
A survey of 8,005 adults from Dec 1-10 analyzed shopping habits going into the last days before the Christmas holiday.<\/p>\n
According to the study, the top destinations where consumers plan to finish their shopping include online (46%), department stores (33%) and discount stores (26%). <\/p>\n
The top gifts shoppers have picked up so far include clothing and accessories (48%), toys (30%), gift cards (27%), books, music, movies, video games and other media (25%) and personal care or beauty items (23%).<\/p>\n
Shoppers also don’t seem to be hesitant about using credit cards. A study from Wallet Hub ranked Florida as 20th among states in terms of credit cards held and new accounts opened in the third quarter.<\/p>\n
“Too many people open credit card accounts without reading the terms,” Chip Lupo, a writer and analyst at Wallet Hub, said.<\/p>\n
He said many shoppers like credit cards for reward points and the discounts they receive for opening new accounts.<\/p>\n
However, he cautions shoppers from using the same card for gifts and everyday type purchases such as groceries.<\/p>\n
“Now you have all this extra debt piling on top of the holiday debt, and that’s still accumulating at the average interest of 22 to 23 percent,” Lupo warned.<\/p>\n","protected":false},"excerpt":{"rendered":"WEST PALM BEACH, Fla. \u2014 Holiday shopping is hitting new heights. According to data from the National Retail…\n","protected":false},"author":3,"featured_media":466169,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,80597,53017,38360,79,46736,67,132,68],"class_list":{"0":"post-466168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-christmas-shopping","10":"tag-consumer-confidence","11":"tag-credit","12":"tag-economy","13":"tag-holiday-shopping","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115767847472968644","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/466168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=466168"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/466168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/466169"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=466168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=466168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=466168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}