Topic
- Consumer Behavior/Understanding
- Holiday
- Research
PwC examines holiday shopping, travel intentions, planned spending and budgets, and as well what drives purchasing decisions. 2024 is the 10th anniversary of PwC’s report, bringing a perspective on past trends and behaviors.
Key findings include:
- A tale of two holidays: A gap exists between consumers ready to splurge and those tightening budgets
- Plans to cut back on discretionary spending to pay for holidays
- Gen Z holiday shopping habits
- Physical stores continues to play a crucial role in holiday shopping
- Early shoppers go online, post-Cyber Monday shifts to in-store
- Men boost holiday budgets for tech and travel
- Delivery methods are getting more diverse.
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