Despite Global Challenges, U.S. Retail Sales Poised for Holiday Surge
11 December 2023, Mumbai
Despite global economic woes impacting the fashion and retail sectors, U.S. retail sales are projected to rise 3-4% year-on-year in November and December 2023.
The National Retail Federation expects exceptional holiday spending, exceeding the pre-pandemic average.
While online sales continue to climb, physical store openings outpaced closures in 2022, further solidifying the strength of the U.S. retail landscape.
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