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Forbes

Holiday Retail Sales Jumps 7.6% Over 2021 Despite Spending Slowdown

Holiday Retail Sales Jumps 7.6% Over 2021 Despite Spending Slowdown
Forbes

Americans will return about 18% of their holiday shopping season purchases, or about $171 billion worth of goods, according to estimates from Appriss Retail and the National Retail Federation. Some 60% of retailers are toughening up return policies this year to help fight off rising costs, according to goTRG, with measures like requiring customers to pay for return shipping and adding restocking fees.

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