Salesforce: Inflation will curb online holiday sales growth

Scrooge may pay a visit to online retailers this holiday season – in the form of rising retailer costs and increased consumer prices. Online sales will remain essentially flat year-over-year for the 2022 holiday season, according to the Salesforce Shopping Index, which analyzes global data from more than one billion consumers. November and December 2022 sales are expected to reach $1.12 trillion worldwide and $265 billion in the U.S.