RAB Research Archive
CGP: Back-to-school sales to slow but still hit new record, buoyed by inflationBack-to-school sales are expected to slow “sharply” compared to a banner 2021. That’s according to veteran retail forecasters Customer Growth Partners, which predicted that BTS sales will slow from 2021’s torrid 13.1% pace — the highest ever seen — and grow by 5.5% to a record $812 billion. That’s up from $769 billion in 2021. (The traditional BTS season starts after the 4th of July and extends through Labor Day.) Source: Chain Store AgeView or Download: https://chainstoreage.com/cgp-back-school-sales-slow-still-hit-new-record-buoyed-inflation?oly_enc_id=5790A5386267C6Y&utm_source=omeda&utm_medium=email&utm_campaign=NL_CSA+Day+Breaker&utm_keyword= |
