2025 DELOITTE HOLIDAY RETAIL SURVEY
Shoppers are approaching the 2025 holiday season with tighter budgets and growing economic concerns. Average spending is expected to fall 10% to $1,595. About 77% of consumers expect higher prices, and 57% anticipate a weaker economy, pushing many to focus on deals and value-driven purchases. Younger shoppers, especially Gen Z, are more likely to seek deals (95%), and are turning to influencers and social media (74%) and AI (43%) for product discovery. Retailers that combine discounts, quality, and personalized digital experiences powered by AI are best positioned to capture attention and loyalty this season.