According to the National Retail Federation, December retail sales alone (which exclude automobiles, gas stations and restaurants) decreased 0.9 percent seasonally adjusted month-to-month, and 4.6 percent unadjusted year-over-year, but total sales over the holiday period were boosted by a strong November.
In addition, total non-store holiday sales, an indicator of online and e-commerce sales, grew 6.8 percent to $101.9 billion.
Read more about:
Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes, it’s completely free.