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That’s a Wrap: Retailers Had Strong Holiday Season, CNBC/NRF Say

Full-year sales for 2023 also up from a year earlier.




That’s a Wrap: Retailers Had Strong Holiday Season, CNBC/NRF Say

Retail sales continued to grow in December, completing a strong holiday shopping season, the latest CNBC/NRF Retail Monitor found. Total retail sales, excluding automobiles and gasoline, were up 0.44 percent seasonally adjusted month over month and up 3.07 percent unadjusted year over year in December, according to the monitor.

In addition, the study found that total retail sales for all of 2023 were up 5.32 percent over 2022.

This is the third month that the Retail Monitor, which was launched in November, has provided data on monthly retail sales. Unlike survey-based numbers collected by the Census Bureau, the Retail Monitor uses actual, anonymized credit and debit card purchase data compiled by Affinity and does not need to be revised monthly or annually, its backers say.

December sales were up in six out of nine retail categories on a yearly basis, led by online sales, health and personal care stores and clothing and accessory stores, and up in five categories on a monthly basis.

“Clearly, retailers got it right this holiday season, providing consumers with what they wanted, options on when and where to make their purchases and with prices customers were comfortable paying,” said NRF President and CEO Matthew Shay.

Click here for more from the monitor.




Moving Up — Not Out — with Wilkerson

Trish Parks has always wanted to be in the jewelry business and that passion has fueled her success. The original Corinth Jewelers opened in the Mississippi town of the same name in 2007. This year, Parks moved her business from its original strip mall location to a 10,000-square foot standalone store. To make room for fresh, new merchandise, she asked Wilkerson to organize a moving sale. “What I remember most about the sale is the outpouring excitement and appreciation from our customers,” says Parks. Would she recommend Wilkerson to other jewelers? “I would recommend Wilkerson because they came in, did what they were supposed to and made us all comfortable. And we met our goals.”

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