Out-of-Stock Worries Spurred Half of Consumers to Shop Early: Amex
Reports of supply chain issues and product shortages prompted 48% of consumers to begin holiday shopping early, reported American Express Thursday, citing a poll of 2,000 U.S. consumers fielded Oct. 5-8. Eighty-one percent said it's important to buy gifts that support small or local businesses, 64% showed interest in gifts that had a favorable environmental impact, and 63% cited interest in gifts that were ethically sourced. Some 67% of respondents said they’re looking for offers or deals through their credit card; 57% plan to use credit card points for holiday shopping. Just over three-fourths said they would prefer to take a vacation with their significant other than to exchange gifts, said the report.