Associated Press

December retail sales slip after a record holiday season

Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. The National Retail Federation, the nation’s largest retail trade group, said that sales surged by a record 14.1% from November and December 2020 to the same months in 2021. “After a dispiriting holiday season in 2020, most shoppers were absolutely determined to enjoy themselves come what may,” said Neil Saunders, managing director of GlobalData.

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