NRF: Holiday sales could jump 10.5% this year


Retail sales in November and December will soar between 8.5% and 10.5% this year, for total holiday sales between $843.4 billion and $859 billion, NRF said Wednesday. Supply chain issues and labor shortages will be challenging, but retailers have planned ahead for this and consumers have taken it into account and are starting their holiday shopping in October, NRF President and CEO Matt Shay said.

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