$1.1 trillion. That's how much retailers expect to rake in this holiday season, according to Deloitte's annual holiday retail forecast — a 4.5% to 5% jump from last year at this time across every retail category.
Now if we zoom in on just eCommerce, sales are expected to grow even more — from 14% to 18% (compared to 11.2% growth in 2018), working out to between $144 billion to $149 billion in holiday sales this year.
It would seem that it’s quite a time to be selling things online. But what does it all mean for online shoppers around the holidays?
With billions of dollars at stake, history has proven that between October and December, 'tis the season for scams and rip offs.