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Online overtakes in-store holiday spend for the first time

October 24, 2017

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Online retailers (or retailers selling online) are poised to see one of their best holiday seasons, and mass merchants will welcome a fair number of holiday shoppers. But department stores, which started the year flagged by Moody’s Investors Service as an especially challenged retail segment, will be a distant third, Deloitte found, with not even a third (28%) planning their holiday shopping at those retailers — down three percentage points from last year.

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