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The National Retail Federation (NRF) has released a new survey suggesting that “the average person had completed 47.1 percent of their holiday shopping by the second week of December, about ten percent less than the 52.6 percent average completed by this time last year.

“The survey also found that over 41 million people have not started holiday shopping, with the biggest procrastinators being men (20.7% haven’t started) and 35-44 year-olds (20.9%). Only eight percent of shoppers say they have completely finished their shopping.”

The survey notes that a lot of people are procrastinating because they think that the closer it gets to the holiday during a recession, the lower prices are likely to be. In addition, a significant number of people plan to do their late shopping on the Internet, using free shipping offers as a way to both save money and avoid crowds.

KC's View:
Proud to say that we’re about 95 percent done, and the rest is going to be done online. And about 75-80 percent of our actual buying has been done via the Internet.