If you haven't yet finished your Christmas shopping, you may not be alone as statistics reveal that many people wait till the final days before Christmas to make final gift selections.
According to the National Retail Federation, 10.2 percent of shoppers are planning to wait until December 23 to complete their Christmas shopping. According to NRF survey results released December 15, these consumers and others were still trying to figure out what to buy.
Of people surveyed, 44.8 percent said they are still weighing choices between gifts. Additionally, 28.8 percent said they wait until mid-to-late December because their friends and family have not given them enough ideas as to what they want; and 22 percent are waiting for "the best deals" on merchandise. Meanwhile, one in five consumers admit they are simply procrastinating.
"We expect retailers will be competitive on price and value options in the final stretch, including extended store hours and in-store events, as well as online deals and free shipping offers," said NRF president and CEO Matthew Shay.
Nearly half of holiday shoppers polled will head to a store the week after Christmas. These include 18-to-24-year olds, who say they plan to shop in stores and online.
Speaking of online shopping, millions of smartphone and tablet owners planned to use their Internet-capable devices to research or buy gifts this season.