Spending on the holiday season is expected to rebound to – and even surpass – pre-pandemic levels this year for the first time. But, surprisingly, it’s not gifts that consumers will be splurging on the most in the runup to Christmas, according to a new report Tuesday from Deloitte.
Santa’s going to be especially busy this holiday season. Deloitte’s annual Holiday Retail Survey predicts consumer spending will top pre-pandemic levels in…