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holiday sales

Holiday sales soared a surprising 8.3%

WASHINGTON — Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% over the same period in 2019 to $789.4 billion, according to the National Retail Federation (NRF). Online and other non-store sales increased 23.9% to $209 billion. NRF chief economist Jack Kleinhenz said consumers shifted into high gear in December, giving the

NRF: Holiday sales grew 8.3% despite pandemic

NRF: Holiday sales grew 8.3% despite pandemic

WASHINGTON – Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% over the same period in 2019 to $789.4 billion, the National Retail Federation said on Friday. That tops the NRF’s holiday forecast, and came despite a pandemic that disrupted holiday shopping. Online and other non-stores sales increased 23.9% to $209 billion.

Target’s holiday sales show omnichannel gains

Target’s holiday sales show omnichannel gains

MINNEAPOLIS — Target Corp.’s comparable sales for the combined November/December period grew 17.2%, driven by a 4.3% increase in store traffic and a 12.3% increase in average ticket size, the company said Wednesday. Store-originated comparable sales grew 4.2%, while comparable digital sales grew 102%. “The momentum in our business continued in the holiday season with

Total holiday sales edge up; e-commerce soars

NEW YORK — Overall retail sales grew modestly during the year-end holidays, although e-commerce spending boomed as many consumers opted to shop from home with COVID-19 surging anew across most of the country. According to preliminary data collected by Mastercard Spending Pulse, retail sales (excluding automotive and fuel) for the expanded holiday season stretching from

NRF: holiday sales to grow 3.6% to 5.2%

NRF: holiday sales to grow 3.6% to 5.2%

WASHINGTON – The National Retail Federation forecast Monday that holiday sales during November and December will increase between 3.6% and 5.2% compared to 2019, totaling between $755.3 billion and $766.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with a 4%t increase to $729.1 billion last year and an average holiday

Target Deal Days to kick off holiday season

Target Deal Days to kick off holiday season

MINNEAPOLIS — Target Corp. will kick off the holiday shopping season with its Target Deal Days sales event on October 13 and 14. The retailer said its holiday sales push this year will include nearly 1 million more deals than last year, Black Friday pricing throughout November and an extended Price Match Guarantee. “This year,

Online sales the bright spot in holiday selling season

PURCHASE, N.Y. — E-commerce sales hit a record in the 2019 holiday season, helping lift seasonal sales (excluding vehicles) by 3.4% from the year-earlier level, according to Mastercard SpendingPulse. The report noted that e-commerce sales were up 18.8% compared to the 2018 holiday season, though it did not give a dollar figure. E-commerce sales contributed

Retailers see a 3.4% increase in holiday sales

Retailers see a 3.4% increase in holiday sales

PURCHASE, N.Y. – Retailers had much to cheer about this holiday season. According to Mastercard SpendingPulse, holiday retail sales increased 3.4%  with online sales growing 18.8% compared to 2018. Mastercard SpendingPulse provides insights into overall retail spending trends across all payment types, including cash and check. “E-commerce sales hit a record high this year with

NRF reports modest sales gains in November

NRF reports modest sales gains in November

WASHINGTON –Retail sales growth was modest in November, but the National Retail Federation still expects a strong holiday season for retailers. Retail sales in November increased 0.1% seasonally adjusted over October and were up 2.1% unadjusted year-over-year, according to the NRF, which noted that the numbers exclude automobile dealers, gasoline stations and restaurants. “November showed

Holiday competition

NEW YORK — With forecasts calling for strong holiday sales despite fewer shopping days between Thanksgiving and Christmas, retailers are doing everything they can to convince consumers that their stores and websites are the ones to shop. Walmart kicked off the holiday deals at its stores earlier than ever this year, introducing special offers at

Forecast: Holiday sales to increase by 4%

Forecast: Holiday sales to increase by 4%

NEW YORK — Retailers can expect a 4% year-on-year sales bump in the holiday months of November and December, according to a forecast from Coresight Research Inc. “A steady economic backdrop frames this year’s holiday shopping season. Higher wage growth and lower gas prices point to the potential for higher sales,” the research firm says

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