Discretionary retail sales revenue in the US increased by 17% over the first half of the year and rose 18% over 2019 levels, suggesting that the uptick in consumer spending predicted by many experts post-pandemic is beginning to materialize.
The figures—outlined by The NPD Group—demonstrates that consumer behavior is beginning to change following the COVID-19 crisis. Sports equipment, home products, consumer tech, and toys all posted strong sales numbers in 2020. And spending in the categories relating to home-based work, education, fitness, entertaining, and healthy home—sectors NPD dubbed “lifestyle pillars”—will continue to drive growth.
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May 26, 2021 at 06:23PM
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Consumer Shopping Behavior Changing As Pandemic Recedes - GlobeSt.com
"behavior" - Google News
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