TORONTO; Nov. 25, 2021 – Canadians are ready to get back to the hustle and bustle of the holidays, with many planning to do their holiday shopping in-store and well into December, according to the 2021 Holiday Shopping Report from Accenture (NYSE: ACN).
The 10th annual survey of Canadian consumers reveals that more than half (57 per cent) are planning to do the majority of their shopping in-store while 43 per cent intend to shop primarily online. The report also found that 75 per cent intend to do some (46 per cent) or a lot (29 per cent) of their holiday shopping in December, with nearly half (47 per cent) admitting they will do some or most of their shopping at the last minute.
Men are more likely to shop at brick-and-mortar locations, with 63 per cent intending to do the bulk of their shopping in-store, compared with 53 per cent of women.
Holiday spending is also on the rise. Canadians plan to spend $635 on average this holiday season, up 23 per cent ($119) from last year’s survey. Adults with kids who believe in Santa plan to spend the most — $956. Baby Boomers will also be indulging, with an average anticipated spend of $713. Men are planning to spend around $38 more than women at $655 while single adults plan to spend the least, at $453.
"Despite the dramatic growth we’ve seen in online shopping as a result the pandemic, many Canadians will be purchasing in stores to prepare for the holidays," said Robin Sahota, a managing director at Accenture who leads its Retail practice in Canada. "Shoppers are well informed on the shipping delays and inventory issues, and while many will visit stores early to ensure they get what they want, we also found that many Canadian consumers plan to visit stores in December, with many planning to do much of their gift buying at the last minute."