Holiday Shopping 2023

Brick-and-Mortar and Ecommerce Will Battle for Retail Channel Supremacy

The 2023 holiday season—which kicked off in mid-October with Amazon Prime Big Deal Days and competing retailer promotions—is different than it was in pre-pandemic years, when the Cyber Five period kicked holiday shopping into high gear. But this year will see many pre-pandemic shopping patterns return, with healthy consumer spending expected and more typical growth rates across shopping channels.

Key Question: How much are holiday retail and ecommerce sales expected to grow, and which categories and retailers will benefit the most?

KEY STAT: US holiday ecommerce sales will return to double-digit growth this year at 11.3% YoY, as growth rates for all retail channels return to a state of pre-pandemic normalcy.

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Table of Contents

  1. Executive Summary
  2. Holiday shopping in 2023: Consumers are ready to spend, but their dollars will need to be earned
  1. The new holiday shopping season starts in October
  2. Top retailers and categories
  1. Sources
  2. Media Gallery

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First Published on Oct 17, 2023

authors

Andrew Lipsman

Contributors

Suzy Davidkhanian
Principal Analyst, Retail & Ecommerce
Blake Droesch
Analyst
Brian Lau
Forecasting Analyst
Wendy Louie-Lam
Senior Forecasting Analyst
Natalie McGranahan
Senior Researcher and Taxonomy Manager