WMT - Retailers Brace For Record Returns Following Disappointing Holiday Sales | Benzinga
The holiday sales numbers are in and they are less than impressive.
What To Know: The National Retail Federation had predicted sales of nearly $1 trillion for the 2023 holiday season, but the latest figures show sales came in closer to $900 billion.
Forrester Research retail analyst Sucharita Kodali appeared on CNBC’s "Squawk Box” on Wednesday to discuss the sales data, as well as consumer sentiment.
Kodali attributed the lower-than-expected holiday sales numbers to weak consumer confidence as student loan payments have resumed ...