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Double-Digit Retail Sales Close 2020 and Start 2021, Reports NPD

Double-Digit Retail Sales Close 2020 and Start 2021, Reports NPD
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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.
“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,” said Marshal Cohen, NPD’s chief industry advisor.
PORT WASHINGTON, N.Y. (PRWEB)
January 12, 2021
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 t ....

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Retail Results Heading into Final Holiday Push Reveal Shoppers Are Still Spending, Reports NPD

Retail Results Heading into Final Holiday Push Reveal Shoppers Are Still Spending, Reports NPD
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Retail sales growth during the week following Cyber Week was a welcomed reversal from this year’s Black Friday and Cyber Monday results. In the final days of the season, last minute shoppers will need to look to physical retail stores, and BOPUS and curbside pick-up options to avoid delivery delays.
“The final holiday push has arrived, but in 2020 the days seem to blur together, and it’s clear consumers still have shopping to do,” said Marshal Cohen, NPD’s chief industry advisor, retail. ....

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Cyber Week Falls Short, But Retail Still Poised for A Merry Holiday, Reports NPD

Cyber Week Falls Short, But Retail Still Poised for A Merry Holiday, Reports NPD
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Cyber week sales underscore continued changes in consumer shopping behavior and transition of needs. According to NPD s retail point-of-sale data, U.S. general merchandise sales declined 3% in the week ending December 5 compared to the same week last year, but combined with the 8 prior weeks, Holiday 2020 has shown 2% year-over-year dollar sales growth.1
“The consumer and retail have adapted to the COVID-19 imposed lifestyle, and spending behavior so far this holiday shopping season reflects that,” said Marshal Cohen, NPD’s chief industry advisor, retail.
PORT WASHINGTON, N.Y. (PRWEB) ....

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