Holiday Shopping Archives - Cutting Edge Products

NRF Says 2022 Holiday Sales Grew 5.3% to $936.3 Billion

Posted by Contributor
On January 16, 2023
Cutting Edge Products Magazine, Holiday Sales Grew, Holiday Shopping, NRF

Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high-interest rates, NRF said today. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast of between 6% and 8% growth for the year.

Record 158 Million Shoppers Expected During Super Saturday

Posted by Contributor
On December 15, 2022
Cutting Edge Products Magazine, Holiday Shopping, NRF

More than 158 million consumers are expected to shop on the last Saturday before Christmas this year, according to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics. This figure is approximately 10 million more than last year’s expected number of Super Saturday shoppers and the highest number since NRF first started tracking this data in 2016.