US 'annual shopping orgy' sees record sales as retailers heavily discount
Once again, US consumers have shrugged off fatigue and kept the retail sector humming, with ...
Although logistics companies are reporting that things are picking up, US holiday sales growth will be slower than last year, according to Deloitte. While last year the market rose 5.2%, this year growth will come in at a more leisurely pace of 3.5% to 4%. Online, however, tells a slightly different story with forecast growth of 8.5 to 9%. And the whole holiday “sales pie” will reach about $965bn.
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