US holiday shoppers fund a revival for bricks-and-mortar stores
theguardian.comDespite a global pandemic, inflation being at a decades-high and supply chain issues around the country, Americans are still shopping this holiday season, and not just online.
Retail sales have been soaring during the pandemic as stimulus payments, a low unemployment rate and savings from spending less on travel and going out have encouraged Americans to buy more things. In November 2021, Americans spent 18% more than they had in November 2020. Experts predicted that this holiday shopping season will be the highest on record.
The increased spending seen over the last year has revived the presence of bricks-and-mortar stores across the country. Once thought to be dying in the shadow of e-commerce’s massive growth, data from this year has shown
Read more on theguardian.com
