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Deloitte |
Global news | Retail
An overview of Deloitte global news:
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Global news
1129
United States
Shoppers to cut back shopping spend on Black Friday
US consumers plan to spend 4% less this Black Friday/Cyber Monday (BFCM) than last year, according to a Deloitte survey of 1,200 people in October.
25 November 2025
Middle East
Six primary forces re-shaping consumer behavior
Drawing from a comprehensive global study, Deloitte has identified numerous trends influencing consumer behavior in the coming years.
14 March 2024
Australia
Deloitte analysis finds LEGO to be among most sought after collectibles
A report from consultancy firm Deloitte and eBay found LEGO sets to be among Australian collectors most sought after items – just another reason to avoid stepping on the expensive plastic blocks.
28 December 2023
China
China leapfrogs rivals to become world's largest luxury goods market
The Chinese market for luxury goods is expected to grow to 25% of the global market by the end of this year.
26 September 2023
Europe
Healthcare services in retail spaces a possible solution for Europe
With the pool of patients continuing to grow, European healthcare services will likely soon be faced with difficulties in keeping up with the demand for medical interventions.
14 May 2023
United States
More shoppers seeking Black Friday deals amid inflation
More US consumers are planning to shop during the Black Friday and Cyber Monday shopping events (Thursday, Nov. 24 – Monday, Nov.
25 November 2022
Canada
Battered by cost of living crisis, consumers cutting back on holiday spending
Worn down by broad-based inflation and worsening finances, Canadian consumers are expected to spend 17% less this holiday season than in 2021, according to Deloitte Canada’s annual holiday retail out
09 November 2022
United States
Consumer safety perceptions hit by Omicron, but financial sentiment steady
The Covid-19 Omicron wave has reduced the safety perceptions of US consumers, according to a monthly report Consumer Tracker report from Deloitte.
10 February 2022
Canada
Deloitte: Average holiday shopper expected to boost spending by 31%
Canadians expect to spend an average of $1,841 this holiday season - up 31% from 2020’s $1,405 and up 8% from 2019’s $1,706 - according to Deloitte’s annual Holiday Retail Outlook survey.
28 October 2021
United States
Consumer anxiety over Covid declining, but financial anxiety lingers
Global consumers are reporting the lowest anxiety levels since April 2020, though concern over personal finances continues to accelerate, according to a recent report from Deloitte.
26 March 2021
United States
As Prime Day kicks off shopping season, mass merchants continue to thrive
Traditional and online-only mass merchants are likely to be the big winners this holiday season, according to Deloitte InsightIQ’s consumer data report for October.
17 November 2020
Canada
Covid-19 depresses Canadians’ holiday budgets, pushes more online
Canadians are projected to tighten their holiday spending budgets and shift more shopping to online channels, according to Deloitte’s annual holiday retail outlook report.
12 November 2020
United States
Holiday spending to drop by 7% as consumers avoid travels and experiences
Holiday spending in US households is projected to drop 7% from 2019 to $1,387 in 2020, according to Deloitte’s annual holiday retail survey, which polled 4,000 US consumers in September.
26 October 2020
United States
Deloitte: Holiday spending to increase by modest 1% to 1.5%
As the pandemic continues to depress consumer sentiment, holiday spending is expect to increase by a modest 1% to 1.5%, according to Deloitte’s annual holiday retail forecast.
22 September 2020
Canada
Deloitte: Malls will have to become mixed-use destinations post-pandemic
Retailers and mall owners will have to change what malls look like in a challenging post-Covid environment, pivoting to a technology-enhanced, multi-purpose destination, according to a recent report
21 July 2020
United States
Consumers retreating as Covid-19 spreads
Health concerns generally exceed financial concerns in the US, with more than half of respondents concerned about health and nearly a quarter worried about finances, according to a recent Consumer Tr
04 May 2020
Europe
Hunkemöller boosts store performance insights with new system
Lingerie brand Hunkemöller is growing fast: it now has more than 900 stores, with more stores in new countries added every year.
10 January 2020
United States
Deloitte: Fresh food presents ripe opportunity for retailers, manufacturers
A report from Big Four firm Deloitte shows that there is increasing value in fresh food for retailers and manufacturers.
25 November 2019
Australia
Australian retailers enter festive season with a mixed outlook
A tough year is set to tone down the Christmas spirit amongst Australian retailers, with just over half expecting an increase in sales over the holiday season.
24 November 2019
United States
Nearly half of consumers feel they've lost control of their data, finds Deloitte
Retailers need to up their privacy consciousness as consumer trust declines in the digital age.
16 October 2019
South Africa
Affordability and sustainability are priorities for South African consumers
The modern South African consumer is more conscious than ever of factors such as value for money, customer experience and convenience, according to a new report compiled by Deloitte in collaboration
07 October 2019
United States
Deloitte projects holiday retail sales to increase by 4.5-5%
Big Four consultancy Deloitte expects holiday retail sales to jump between 4.5-5% in 2019, according to its annual holiday retail forecast.
26 September 2019
Australia
Deloitte managing wind-down of Karen Millen in Australia
The Australian wing of UK fashion outlet Karen Millen has appointed administrators from Deloitte to oversee its winding down.
16 September 2019
United States
Deloitte: Back-to-school electronic gadget spending to see 29% increase
Deloitte’s “2019 Back-to-School Shopping” report has revealed that back-to-school spending on electronic gadgets will increase by $800 million in 2019 – up 29% from last year.
15 July 2019
South Africa
Four South African retailers make it to Deloitte's global top 250
Following Steinhoff’s financial collapse due to a scandal last year, only one South African retail chain remains amongst the top 100 in the world, according to Big Four accounting and advisory firm D
28 January 2019
United States
Deloitte: Consumers to up holiday retail spend in 2018
Deloitte’s 33rd annual ‘Holiday Survey’ forecasts total holiday retail sales to increase 5-5.6%, with online sales rising 17-22% in the 2018 holiday season.
02 November 2018
India
Indian consumer market to surpass $1 trillion by 2021
India’s retail sector appears to be on track for substantial growth over the next few years, in addition to a drastic shift in its composition.
15 October 2018
South Africa
Deloitte establishes connected retail experience in Cape Town
Global professional services firm Deloitte has become one of the first to bring the much anticipated phenomenon of digital retail to the South African market, through the establishment of a ‘connecte
03 September 2018
Australia
Deloitte adds four senior appointments to its retail and consumer products team
Big Four firm Deloitte has boosted its retail and consumer products teams in Australia by adding Terry Innerst, Abs Osseiran, John Bresolin and Tom Peach to its list of professionals.
23 July 2018
United States
Consultants in demand as Supreme Court rules on online sales tax
In what has been lauded as a victory for Main Street, the Supreme Court has ruled that states have the power to force online retailers to collect sales taxes.
02 July 2018
Canada
Legal marijuana market set to be worth $4.34 billion in 2019
As recreational marijuana is set to become legal this summer, the industry will be partially thrust out of the black market and onto the shores of legitimate business – and government taxation and re
15 June 2018
India
Five Indian brands in globe's 100 largest luxury goods companies
Despite emerging from a turbulent period for India’s wealthier segments, the Indian market for luxury brands appears to be doing particularly well.
13 June 2018
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