Retailers in Canada can expect modest growth in holiday shopping this year as Canadians become more accustomed to the current economic environment, according to a new report.
In its annual holiday outlook survey, financial consulting firm Deloitte reports a 1 to 2 percent sales growth in the upcoming holiday season.
“Eighty percent of our respondents in the survey said that the economy would be the same or improve in the next year. That’s up from 68 percent the year before, so we think that people are just really more confident,” says Eric Matusiak, senior manager in retail consulting practice at Deloitte.
