Warby Parker and Allbirds continue to make headlines as other D2C brands attempt to replicate their success, expanding from online only to brick-and-mortar.
Average consumer spending fell 3% over the five-day Thanksgiving weekend as many Americans had already completed much of their shopping, according to a survey by the National Retail Federation (NRF) and Prosper Analytics.US shoppers spent an average of $301 on holiday-related purchases between.
US consumers will shell out 5% less this holiday season than before Covid-19, reflecting lower spending on items other than gifts, the National Retail Federation (NRF) predicted.Americans said they would spend approximately $997.73 on seasonal purchases, compared with $1,048 in 2019, the NRF.