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Retailers likely to benefit as travel spend dwindles this holiday season: Deloitte

Posted ByEllen KelleherOn In Featured,Industry sectors,News,Research,Retail | No Comments
Panic about COVID-19 means folks will spend less on holiday gifts this year. Image: Selfridges

 

By Ellen Kelleher

Anxiety and stress about COVID-19 are encouraging holiday shoppers to spend cautiously and favor online shopping over mall expeditions as they make their homes as festive as possible for Christmas.