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What Annual Retail Sales Growth Might Look Like in 2021: Week Ahead

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

How realistic is an 8.1 percent annual U.S. retail sales growth forecast for 2021? Retail forecasting firm Customer Growth Partners (CGP) last week projected that America’s resilient shoppers will drive annual retail sales to a record $4.26 trillion, or 8.1 percent year-over-year growth. Despite stubborn coronavirus pandemic headwinds, the projection could come to fruition, potentially…

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