According to JLL, roughly 30% of U.S. consumers have at least half of their holiday shopping to do, leaving a remaining $250 billion to $357.9 billion in holiday-related spending to be done by the end of December. This could lead to a more than 6% increase in holiday sales over a year ago, Maloney said in an interview.
“This holiday season is going to be the best one in the last decade,” Maloney said.”The mere fact is that the consumer has so many ways of getting and shopping for a product. Retailers themselves have gotten people excited and people feel good where they are. And they feel good about the future.”