Still shopping for the holidays? You are in the minority

The clock is ticking for those who haven’t finished their holiday shopping, but a BMO survey released this morning shows fewer people are cutting things ...

The clock is ticking for those who haven’t finished their holiday shopping, but a BMO survey released this morning shows fewer people are cutting things close to the wire than last year.

The survey found only 3% of Canadians consider themselves last-minute shoppers.

“With Canadian families balancing busier schedules more than ever before, it’s no surprise that a few shoppers will be rushing around at the last minute,” said Janet Peddigrew, BMO Bank of Montreal vice-president.

“However, this last-minute rush can often cause people to make impulse decisions and sometimes over-spend on gift-buying.”

Perhaps not surprisingly, the survey found more men than women (38% versus 21%) leave their holiday shopping until December.

Many surveyed said they planned their shopping weeks (26%) or months (68%) in advance.

ecrawford@biv.com

@EmmaCrawfordBIV

comments powered by Disqus

Also Read

More From Retail & Manufacturing

Yogawear maker aims to have 20 stores each in Europe and Asia by the end of 2017

Read Article

Jen St. Denis discusses H.J. Heinz's purchase of Kraft Foods Group Inc.

Read Article

Kids have been putting ketchup on their Kraft Dinner for decades, so maybe this was inevitable 

Read Article

BCLDB to stop providing price-guide booklets for competitive reasons

Read Article

New markup formula will create same base price for private and government store   

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×