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November Retail Industry Insights

October 31, 2022

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November is already here, can you believe it? Before you know it, the holidays will be over and retailers will be making preparations for spring and summer sales. We have two more months before the end of the year hits, and Wholesale Central still has plenty of tips to help brands make it through the busiest buying season.

Recent data from Deloitte predicts that holiday sales will total $1.45 to $1.47 trillion this season. That is a four-to-six percent increase from the 2021 season, with online retail sales growing 13-to-14 percent. More specifically, ecommerce holiday sales are expected to reach between $260 billion and $264 billion.

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