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Despite Delivery Delays, Last Minute Shoppers Are Still Spending: Report

Despite Delivery Delays, Last Minute Shoppers Are Still Spending: Report
A new report from NPD Group says retail sales growth during the week following Cyber Week was a welcomed reversal from this year s Black Friday and Cyber Monday results.
December 22, 2020
Jelena
Retail sales increased 3% in the week ending December 12 compared to the same week last year, and combined with the 9 prior weeks, holiday 2020 has shown 2% year-over-year dollar sales growth, reports The NPD Group.1 Additionally, NPD s early indicator data shows unit sales for the week declined -5% year over year. The continued divergence of dollar and unit comps is the result of higher-priced items being sold at retail and decreased promotional activity. ....

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Retail Results Heading into Final Holiday Push Reveal Shoppers Are Still Spending, Reports NPD

Retail Results Heading into Final Holiday Push Reveal Shoppers Are Still Spending, Reports NPD
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Retail sales growth during the week following Cyber Week was a welcomed reversal from this year’s Black Friday and Cyber Monday results. In the final days of the season, last minute shoppers will need to look to physical retail stores, and BOPUS and curbside pick-up options to avoid delivery delays.
“The final holiday push has arrived, but in 2020 the days seem to blur together, and it’s clear consumers still have shopping to do,” said Marshal Cohen, NPD’s chief industry advisor, retail. ....

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