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Holiday shopping boosted retail sales in US

Preliminary data indicate a robust holiday shopping season in 2023, painting a brighter picture compared to the previous year.

Photo © Julie Feinstein | Dreamstime.com

Between November 1st and December 24th holiday spending registered a 3.1% year-over-year increase. Notably, e-commerce soared by 6.3% in 2023 compared to the previous year, while in-store sales saw a more moderate uptick of 2.2%.

Source: www.furnituretoday.com

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