Holiday Sales Grew 4% to Top $994 Billion, Exceeding Expectations

9 hours ago · Bearing out earlier reports of solid sales increases during the 2024 holiday season, U.S. Census Bureau data revealed that core retail sales increased by an unexpectedly robust 4% over 2023 to a record $994.1 billion, topping the National Retail Federation (NRF)’s forecast of …

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Holiday Sales Grew 4% To Top $994 Billion, Exceeding Expectations

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US 2024 Holiday Season Retail Sales Exceed Expectations

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17 hours ago · The US retail sector has shattered previous records, with core retail sales during the 2024 holiday season increasing 4% over the previous year’s $955.6bn to reach $994.1 bn. …

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Holiday Sales Topped Expectations. That Could Mean A

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1 day ago · Consumers spent $994.1 billion in the last two months of 2024, according to the National Retail Federation, surpassing the trade group's forecast. “Core” retail …

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NRF | NRF Says Holiday Season Was A Notable Success As …

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2 days ago · The 2024 holiday sales results top the previous record of $955.6 billion spent during the 2023 holiday season. NRF had forecast that 2024 holiday sales would increase between …

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Holiday Sales Rise 4%, Exceed Expectations - WWD

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1 day ago · Updated 4:18 P.M. E.T. Jan. 16. The final word on holiday sales is in — and retailers are feeling pretty good.. Core retail sales grew a stronger than expected 4 percent during …

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US Holiday Retail Sales 2024: What Drove The Unexpected Surge?

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Dec 27, 2024 · US holiday retail sales 2024: online sales lead the way. According to Mastercard SpendingPulse, online sales surged 6.7% compared to 2023, significantly outpacing the 2.9% …

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Holiday Shopping Surges, Flexing Strength Of US Economy

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Dec 26, 2024 · The shopping surge was most pronounced online, where spending grew 6.7% compared to the same period last year, the data showed. While the overall spending reflects …

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US Holiday Retail Sales Stronger Than Last Year, Mastercard Says

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Dec 26, 2024 · According to a Mastercard SpendingPulse report, online spending during the holiday shopping period from Nov. 1 to Dec. 24 grew by 6.7% over last year, compared to a …

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Holiday Shopping Boon! Americans Expected To Spend More In …

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Oct 15, 2024 · Holiday spe nding is expected to grow this year, up between 2.5% and 3.5% over last year, according to the National Retail Federation.. Consumers are expected to spend …

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US Holiday Retail Spending Up Almost 5% As Online Sales

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Dec 23, 2024 · Other retail analysts have also highlighted a surge in digital shopping, and credited e-commerce with capturing most of the growth in holiday spending. Online spending jumped …

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US Holiday Retail Sales Outlook 2024 | EY - US

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Pricing to drive modest holiday sales in 2024. EY-Parthenon forecasts a modest 3% rise in retail sales for the November and December 2024 holiday season, with downside risks on the …

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US Retail Trade Group Expects Holiday Season Sales To Grow More …

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Oct 15, 2024 · Holiday season sales rose 9% in 2020 from the year before, and they soared 12.4% in 2021, according to the National Retail Federation. The trade group makes its …

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Holiday Sales Expected To Top $957 Billion, Up More Than 3

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Nov 2, 2023 · Holiday retail sales are expected to grow by between 3% and 4% this year, with record spending of more than $957 billion according to the National Retail Federation’s annual …

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US Holiday Retail Sales Surge Exceeding Projections

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Dec 27, 2024 · In a robust end to the holiday season, U.S. retail sales witnessed a significant surge of 3.8% from November 1 to December 24, driven by last-minute shopping spurred by …

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Key Trends & Projections In U.S. Holiday Retail Growth - DesignRush

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Nov 27, 2024 · Hawaii is poised to lead with an impressive 11.7% growth forecast, more than three times the national average. This surge is driven by Hawaii’s ongoing recovery from the …

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U.S. Holiday Retail Sales Surge By 3.8%, Exceeding Expectations

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In a notable holiday shopping spree, U.S. retail sales increased by 3.8% from November 1 to December 24, according to a Mastercard report released on Thursday. This growth surpassed …

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US Retail Trade Group Expects Holiday Season Sales To Grow More …

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The National Retail Federation said its 2024 forecast indicates that shoppers will make $979.5 billion to $989 billion worth of purchases in November and December, which would represent a …

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US Holiday Retail Sales Surge Exceeding Projections

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Dec 26, 2024 · U.S. holiday retail sales surged by 3.8%, exceeding projections, driven by last-minute shopping and strategic promotions. Key sectors like electronics and apparel topped the …

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US: Holiday Shopping Season Set To Break Records - MSN

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Online and non-store sales are projected to see the most significant growth, with an anticipated increase of 8% to 9%, bringing total sales in this category to between $295.1bn and $297.9bn.

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FAQs about Holiday Sales Grew 4% to Top $994 Billion, Exceeding Expectations Coupon?

Does target see strong 2024 holiday sales surge amid leadership overhaul?

"Target sees strong 2024 holiday sales surge amid leadership overhaul " was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. ...

How has the US retail sector performed in 2024?

The US retail sector has shattered previous records, with core retail sales during the 2024 holiday season increasing 4% over the previous year's $955.6bn to reach $994.1 bn. The surge in sales volume from 1 November to 31 December 2024 exceeds National Retail Federation (NRF) projections of 2.5% to 3.5%. ...

How did retail sales perform during the holiday period?

During the holiday period, online and non-store sales led the way with 8.6% growth. Sales in furniture and home furnishings stores saw a 5.6% increase, followed by 3.7% growth in electronics and appliance stores. Health and personal care stores grew by 3%, while clothing and accessories saw a 2.8% rise. ...

How did target perform during the holiday season?

The holiday season also saw an uptick in discretionary spending, particularly in apparel and toys, while beauty and frequency categories maintained strong performance. Target anticipates 1.5% growth in fourth-quarter (Q4) comparable sales and maintains its projected earnings per share (EPS) for the quarter to be between $1.85 and $2.45. ...

What led to a 3% surge in sales?

The surge in sales was propelled by a 3% uptick in customer traffic - the 8th consecutive month of year-on-year (YoY) traffic gains for the retailer. ...

How did target's sales grow?

Both bricks-and-mortar stores and digital platforms contributed to this growth trajectory, with digital sales alone rising almost 9%, bolstered by a robust 30% jump in same-day delivery services through Target Circle 360. Target's third-party marketplace, Target Plus, also witnessed substantial expansion, with close to a 50% increase. ...