Skip to main content

NRF’s holiday sales forecast optimistic, amid economic concerns

The holiday sales forecast numbers are encouraging, with NRF forecasting holiday retail sales for increase 6%-to-8% annually, coming in between $942.6 billion-to-$960.4 billion. In 2021, retail sales were up 13.5% compared to 2020, due likely to the timing of the pandemic in 2020, at $899.3 billion, setting a new all-time record. What’s more, it said that over the last 10 years, holiday retail sales have seen an average increase of 4.9%, with the caveat that pandemic-related spending over the last couple of years represented a large portion of those gains.

source https://www.supplychain247.com/article/nrfs_holiday_sales_forecast_optimistic_amid_economic_concerns

Comments

Popular posts from this blog

How Modern Logistics Companies Turn COVID Chaos into Long-Term Business Efficiency

COVID persists and supply chain operations are not expected to break from the current mode of remote workforce operations, however, smart operators are creating new opportunities by adopting forward-looking TMS solutions. source https://www.supplychain247.comhttps://www.supplychain247.com/article/logistics_companies_turn_covid_chaos_into_long_term_business_efficiency

The Art of Consistent Perfect Order Delivery

This white paper defines what a perfect order is and details the technology that helps leaders achieve smart order fulfillment through optimized supply chain orchestration. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_art_of_consistent_perfect_order_delivery