NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
This year’s holiday retail sales are likely to be muted, with growth of 1% to 1.5% compared to last year that will generate sales of about than $1.1 billion during the November to January timeframe, according to Deloitte’s annual estimate for 2020. However, e-commerce sales are expected to balloon by 25% to 35% year over […]
Although retail spending registered a modest increase in July, economists say the August numbers may take a hit if parents decide to have their children continue with virtual classes in the fall. According to Retail Dive, the back-to-school shopping season, which is an important period for retailers and a precursor to holiday sales, may be […]
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