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Consumers Shopping Online, Investing in Home Drove 3% Holiday Sales Bump

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Outside of influencing a boost in e-commerce sales, the Covid-19 pandemic hasn’t exactly been kind to the overall industry’s growth, and it appears that trend has continued throughout the holiday season. Retail sales excluding automotive and gasoline increased 3 percent during the expanded holiday season, according to Mastercard SpendingPulse. The number represents a slight dip…

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