Mobile sales continue to become a major factor and 74% of shoppers plan to spend the same or more year-over-year this holiday season per Shopify, notes J. Michael Prince, President and CEO of USPA Global Licensing. He discusses the U.S. Polo Assn. outlook for the holiday shopping season, as U.S. Polo Assn. mobile sales are nearly double desktop in the US for 2023. He highlights that 39% of shoppers plan to start holiday shopping earlier this year and in-store sales are expected to increase 2.9% year-over-year. He goes over how mobile shopping factors into the e-commerce outlook. Tune in to find out more about the stock market today.
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