Holidays 2024: Retail Industry Insights

Analysis of 200 consumer brands & retailers

Actionable Holiday Insights

Analyze and optimize your brand’s readiness for the 2024 holiday shopping season.

  1. Q4 & Holiday Performance Expectations: 43% of retail sales occur in Q4 and 85% of major brands offer unique holiday promotions. See which strategies win.

  1. Deal Days & Promotions: Although Black Friday still commands 25% of annual retail sales for promotional events, consumer interest is slipping.

  1. Do Discounts Work? Consumers have lower expectations for discounts in 2024, yet retailers are planning to raise them to draw consumer interest. Will it work?

  2. Unique 2024 Challenges: Major retailers and consumer brands express concern over tariffs, supply chain, and other cost-impacting policy changes to come.

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About Report

Simon-Kucher’s 6th annual Holiday Shopping Report provides a deep analysis of the 2024 holiday retail landscape, exploring insights from 200 retail industry leaders and 1,000 US consumers.

This year’s report highlights key trends in consumer spending, deals and promotions, and more, helping to bridge the gap between anticipated consumer behavior and retailer projections, and offering critical guidance and winning retail strategies for the holiday season.

We invite you to explore Simon-Kucher’s research, and to share, reference, and publish the findings with attribution to Simon-Kucher and a link to this page. For additional information, including strategic recommendations for retail industry executives and complete report data and methodology, please contact pr-inquiries@simon-kucher.com  

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