cnbc.com/2022/01/14/us-holiday-sales-endure-supply-chain-omicron-snags-to-hit-887-billion-nrf-says.html
The National Retail Federation said holiday sales, including e-commerce, jumped 14.1% during November and December. The shopping season, the busiest time of the year for retailers, was marked by shipping delays caused by the pandemic. U.S. holiday sales hit a record $886.7 billion in 2021, data from a trade body showed on Friday.

The National Retail Federation said holiday sales, including e-commerce, jumped 14.1% during November and December. "Despite supply chain problems, rising inflation, labor shortages and the Omicron variant, retailers delivered a positive holiday experience to pandemic-fatigued consumers," NRF Chief Executive Officer Matthew Shay said.

E-commerce and other non-store sales, however, jumped 11.3% in the holiday season. The holiday season is the busiest time of the year for online retailers. The U.S. economy is expected to grow at a rate of about 2.5% this year.
Tap to copy the Short Url to this post:
bto.sh/wu65ji25 
All Business News on a Single Page. Join for Free →