(PRWEB) September 29, 2012
Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports retailers should expect a modest increase in 2012 holiday sales, according to Deloitte.
Big4.com notes that Deloittes retail & distribution practice expects total holiday sales to climb to between $ 920 and $ 925 billion, representing a 3.5 to 4 percent increase in November through January holiday sales (excluding motor vehicles and gasoline) over last season.
Big4.com also notes forecasts of a 15 to 17 percent increase in non-store sales. Nearly three-quarters of non-store sales result from the online channel with additional sales coming from catalogs and interactive TV. Deloitte also anticipates that mobile-influenced retail store sales will account for 5.1 percent, or $ 36 billion, in retail store sales this year during the holiday season, driven by consumers store-related smartphone activity such as product research, price comparison or mobile application use.