Early retail sales forecasts are predicting Holiday 2025 growth in the low to mid-single digits, led by e-commerce, while in-store sales remain above pre-pandemic levels but continue to taper off from the 2021 record. Deloitte expects total sales in the Nov. to Jan. window to grow in the range of 2.9% to 3.4%, tallying between $1.61 and $1.62 trillion. This period will lap 4.2% growth (backing out automotive and gasoline) in the prior year. E-commerce (excluding gasoline, automotive, and food services) is expected to grow 7% to 9% to the $305 ... Log in to view full article.