--- title: Where are the rest of the gifts? - The Hustle description: There may be a little extra room under the tree this year. image: https://hs-sbup.thehustle.co/hubfs/The%20Hustle%20News/Assets/Images/109664815-HS-News-Brief_2022-10-28T013358.617Z.webp --- # Where are the rest of the gifts? ![Rob Litterst](https://thehustle.co/wp-content/uploads/2023/01/Rob-Litterst-pic.png?width=48&height=48&name=Rob-Litterst-pic.png) [Rob Litterst](https://hs-sbup.thehustle.co/author/rob-litterst) [Rob Litterst Twitter profile ](https://twitter.com/robbylit) Published: October 28, 2022 Updated: October 11, 2023 Parents could use some extra help from Santa this year. ![Where are the rest of the gifts?](https://hs-sbup.thehustle.co/hs-fs/hubfs/The%20Hustle%20News/Assets/Images/109664815-HS-News-Brief_2022-10-28T013358.617Z.webp?width=595&height=400&name=109664815-HS-News-Brief_2022-10-28T013358.617Z.webp) A recent [report](https://www2.deloitte.com/content/dam/insights/articles/us175738_holiday-retail-travel/DI_2022-Holiday-retail.pdf) from Deloitte found consumers are planning to cut back on presents, which could result in some underwhelming reactions on Christmas morning. - **The report** also found consumers expect to cut back on shopping time, and the number of physical stores they plan to visit. Despite cutting back, 74% of consumers expect to spend the same or more as they did last year, with the average expected holiday spend coming in at ~$1.4k. **And for their part,** retailers don’t seem worried — 77% expect total sales to increase YoY. Topics: [Economy](https://hs-sbup.thehustle.co/tag/economy) [Holiday](https://hs-sbup.thehustle.co/tag/holiday) ## Follow us on social media prev next - ![Catch a fireworks show last night? Cherish it before the drones take over](https://hs-sbup.thehustle.co/hubfs/The%20Hustle%20News/Assets/Images/549553385-httpsthdaily.s3.us-west-1.amazonaws.comfinal_size-drones_20230705040829.webp) ### Catch a fireworks show last night? 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