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

Shutting down or rebranding each one of Future Shop’s outlets across Canada has cost parent company Best Buy (NYSE:BBY) US$191 million, according to financial results ...

Read Article

Ikea is assembling the foundation for growth across Canada 

Read Article

Gross sales spike 79% year over year to an expected $300 million in 2015

Read Article

Tyler Orton discusses Clearly Contacts' decision to rebrand as "Clearly"

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

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