Mike contributed to Gene Fogel’s (WJR 760 AM) report on the growth and changes in the holiday shopping season.
- Consumers will spend over $1 T this holiday season, an increase of almost 6% over 2017.
- Retailers such as JC Penny, Target and Amazon are offering strong incentives to hire part time workers this holiday season.
- The most popular gifts this holiday season are:
- 68% want gift cards
- 53% want clothes
- 29% want electronics
- 22% want jewelry