Have you checked every cubicle in the office lately? Chances are at least a few employees have ducked out early to get their holiday shopping done, according to a new survey from RetailMeNot.ca.
The survey found that 37% of working Canadians say they would leave work early to do at least some of their holiday shopping. It's not surprising, since 41% admit that they haven't yet finished buying gifts, with only a few weeks left until Christmas.
"We know almost half (45 per cent) of Canadians find it hard to stay within their holiday shopping budget, and spending can easily spiral out of control amidst the hustle of the season," says Sara Skirboll, Shopping & Trends Expert at RetailMeNot.ca. And she adds that shopping in a rush, or at the last minute, can often lead to someone blowing their budget.
Canadian men typically take their time purchasing gifts for the season. Almost half of Canadian men (48%) admit to leaving a lot of their holiday shopping until the last minute. And even though spending has been top of mind for Canadians, fewer than half (46%) shopped on Black Friday or Cyber Monday.
Thirty per cent of parents ranked clothes as a must-have gift for their kids this season, with 67% marking clothing amongst their child's top three holiday wish-list items. Next, 20% say toys are topping their child's wishlist and 42% rank toys amongst their child's top three holiday wish-list items. Gaming systems and video games are sought after by 14% of parents, and 37% include it in their kid's top-three.
More than half of Canadian Millennials (59%) find it hard to stay within their holiday shopping budget.; and more than half (54%) get credit card bills from holiday shopping that are often more than they anticipated. Three-in-five Canadian Millennials (62%) anticipate doing more of their holiday shopping online this year.
More than one-in-five Canadian Millennials (21%) have called in sick to work to take advantage of Boxing Week discounts. Seventy-four per cent of Canadians say they avoid shopping malls during Boxing Day/Boxing Week due to the crowds.
Fifty-six per cent of Canadians believe Boxing Week still offers better bargains than Black Friday and Cyber Monday.
The survey was conducted from October 19 to October 21, and November 26 to November 27, 2018, with a randomly selected sample of 1,510 Canadian adults who are Maru Voice Canada panelists.