Total holiday spending this year is expected to be at least $24 billion higher than last year, according to the National Retail Federation.
Total spending this year is expected to be at least $24 billion higher than last year, according to the National Retail Federation, which says shoppers are ready to drop the cash this holiday season.
While online shopping remains the hardest hit, in-person shopping is making a comeback, with NRF predicting that nearly half of all shoppers will head to department stores and discount stores to clear their shopping lists. There is.
Owners of the Galleria at Sunset in Henderson, Nevada, say it’s getting busier every year.
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Customers checking out with Bring it Back. (Sunny Tsai/FOXBusiness)
“Black Friday was great. We hit our goal. We actually hit our goal, so that was good. It was better than last year. So, it was good for us. Everyone always has something to do. “I like to try things on.” I think that’s why we’re doing so well,” said Brandon Nova, owner of Bring It Back.
Some spots at the Galleria at Sunset receive a lot of visitors, especially during the holiday season. Store owners and employees said customers want that in-person experience.
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A sign lists the jumping fees for the mall’s trampoline attraction. (Sunny Tsai/FOXBusiness)
“Most families have a reason to come here and bring their kids here. This is a big reason why they come to the mall,” said Duyg Beg, owner of Crazy Bungy.
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The mall’s general manager said it had never been this crowded since the pandemic.
“I would say this is the first holiday season since COVID-19…We are feeling the holiday spirit. Customers are happy to be able to go shopping, happy to be outside. It’s the holiday season,” said Heather Cox, general manager of the Galleria at Sunset.
The National Retail Federation predicts that nearly half of all shoppers will head to department stores and discount stores this year. (Sunny Tsai/FOXBusiness)
NRF says in-person shopping has rebounded significantly over the past four years as consumers begin to enjoy the social aspect of going to the mall again.
“As consumers, we don’t shop just because we need something,” said Mark Matthews, NRF’s executive director of research. “One of the main reasons people go out is to shop for bargains, but it’s also to be with family and friends and engage in engaging and fun activities. And for many, shopping is a fun activity. So, you know what? I don’t think in-store shopping will ever go away.”
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According to NRF, the most popular item on people’s wish lists this year is gift cards, followed by clothing and accessories, books and other media.
