Online shopping dominates holiday sales results so far
Mary Meisenzahl | Dec 15, 2023
Key Takeaways
Holiday Sales: November retail sales grew over the previous year, showing consumers' willingness to spend despite inflation concerns.
Online Sales: Online sales surged, with ​Cyber Monday alone witnessing a significant increase in consumer spending.
Category Results: While sales grew in multiple categories, consumer electronics sales were lackluster due to the shift towards value-focused purchases.