Wendy future of retail top

NPD says double-digit retail sales close 2020 and start 2021

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PORT WASHINGTON, N.Y. — The final holiday push during the last two weeks of 2020, inching into 2021, each brought 13% year-over-year dollar sales growth, resulting in combined holiday 2020 season-to-date retail growth of 2% compared to the same 13 weeks a year ago, reports The NPD Group.

NPD’s Checkout data from receipts highlights the changes in shopping activity across the total retail industry due to COVID-19.

  • The week of Christmas showed in-store purchase activity was just -2% lower than it was in the same week in 2019 – the strongest year-over-year comp for the channel since store closures first occurred across the country.
  • Overall purchase activity during the final week of 2020 showed its strongest year-over-year comp of the entire year at +7% versus the same week last year. Online purchasing, at +49%, showed its strongest year-over-year performance since Amazon’s Prime Week in October.

“Last-minute shopping was alive and well during Holiday 2020, and it’s not over yet,” said Marshal Cohen, NPD’s chief industry advisor, retail. “As gift card redemption and returns kick in through mid-January, not to mention post-season gifting delays amid delivery and gathering restrictions, the true holiday shopping season will continue to expand beyond any traditional measurement.”


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