Holiday spending will hinge on how much the rich splurge and the poor cut back, Deloitte says
September 15, 2020 at 00:01 AM EDT
According to Deloitte, holiday retail sales this year should rise between 1% and 1.5%, amounting to between $1.147 trillion and $1.152 trillion during the November-to-January time frame. That's compared with growth of 4.1% in 2019.