Deloitte’s forecast: Retailers could generate $1.1 trillion in holiday sales this year
With consumer confidence high and low unemployment, holiday sales could surge in 2018.
Holiday sales are projected to rise between 5 and 5.6 percent to $1.10 trillion this year, according to Deloitte, a corporate consulting firm that tracks sales of the world's most admired brands. By comparison, as the U.S. Commerce Department's data indicated, sales between November of last year and January 2018 climbed 5 percent and reached $1.05 trillion.
"We think most retailers will have a good holiday season if they have a distinctive value propos...
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