Holiday sales during November and December increased 5.5 percent over the same period in 2016 to $691.9 billion as growing wages, stronger employment and higher confidence led consumers to spend more than had been expected, according to the National Retail Federation. The number, which excludes restaurants, automobile dealers and gasoline stations, includes $138.4 billion in […]
Tag: consumer spending
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Nonfood Sales Recover As Consumer Spending On Self Care Rises
The Global Market Development Center (GMDC) has released inaugural health, beauty and wellness (HBW) retail level sales data from its new proprietary GMDC/Nielsen Health Beauty Wellness Hierarchy. The sales information gives a detailed look at trends across all nonfood categories representing products that shoppers purchase pertaining to their personal health and wellness in the food and […]