Friday, December 18, 2009

People Put Off Christmas Shopping

WASHINGTON, D.C. (Wireless Flash - FlashNews) – Though Christmas is only a week away, folks still have plenty of shopping left to do.

According to the National Retail Federation, the average person has only completed about half – 46.7 percent to be exact – of their Christmas shopping.

This is the lowest percentage by this time in December since 2004, so procrastinators will be packing the malls in coming days.

Retailers know the “final lap” really counts, so they’ll continue offering promotions and discounts until the very end.

Shockingly, a whopping 42 million people hadn’t started their shopping as of late last week, while only 8.6 percent of shoppers are completely finished.

About 11.9 percent of shoppers say they’ll buy their last gift on Christmas Eve (Dec. 24), while 35 percent plan to wrap up their list by tomorrow (Dec. 19).

With many people looking for bargains, 42 percent will head to discount and department stores and 11.5 percent will scrounge for last-minute gifts like food and candy at grocery stores.

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