Consumers will balance a shift towards thrift with generally better feelings about the economy and their own financial prospects, ac- cording to two surveys on holiday spending re- leased wednesday.
The studies, from Deloitte and Accenture, carry mixed messages for retailers hoping to capi- talize on their biggest selling opportunities of the year. both indicate a greater sense of security among consumers about issues ranging from per- sonal finances to the nation’s economy while sug- gesting a stubborn attachment to shopping for dis- counts and, increasingly, using the tools of tablet and smartphone technology to get the best deals.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"