PP_1170x120_10-25-21

Marshall Cohen

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

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

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

NPD: Practical splurges and guilt-gifting emerge as holiday 2020 sales drivers

NPD: Practical splurges and guilt-gifting emerge as holiday 2020 sales drivers

PORT WASHINGTON, N.Y. — Consumers will look to splurge on their own needs and deal with the guilt of missing in-person celebrations this holiday season. This means the bigger ticket items that supported new homebound living and drove general merchandise sales since the pandemic began are likely to continue to stimulate holiday retail sales, reports