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

Direct shipping sparks spike in suburban industrial demand, drop in storefront trade as smaller retailers struggle to keep up

Read Article

BCVQA grape-wine sales growth overtakes sales growth by non-BCVQA wines

Read Article

In a business partnership, decide who is doing what

Read Article

All acquired stores will continue to operate under...

Read Article

Businesses already located in the area hope the city will commit to limiting the amount of residential to preserve Vancouver's scarce industrial land 

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

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