Total retail sales rose 5.32% in 2023
The total retail sales in 2023 rose 5.32% from the previous year, according to the CNBC/NRF Retail Monitor, and year-over-year sales grew 3.07% in December and 4.24% in November. “December’s numbers combined with November’s results show retailers had a very successful two-month holiday season,” said NRF President and CEO Matthew.