Rising Sales And Shipping Delays Will Mark The Holiday Season
Shipping delays and increasing sales will be the trend for the upcoming holiday season, according to several firms. Consumer YoY spending is expected to grow, as retail sales can record a 7% surge from the same period last year. Q2 2021 hedge fund letters, conferences and more Positive ReboundAccording to holiday forecasts by analysts from Bain Capital Specialty Finance Inc (NYSE:BCSF), November and December sales are expected to jump 7% to $800 billion in products such as clothes, jewelry, and electronics. Similarly, Deloitte predicts a 7% to 9% surge, above the 5.8% reported in the same peri...