Higher Prices Played a Role in Online Sales Hitting Record $204 Billion Over the Holidays

Ireland News News

Higher Prices Played a Role in Online Sales Hitting Record $204 Billion Over the Holidays
Ireland Latest News,Ireland Headlines
  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Online prices increased 3.1% in December compared with the prior year and rose 0.8% month over month, according to Adobe Analytics.

, whereas it could use air freight to bring clothing from overseas.

Still, the stock-out messages might have just pushed consumers to other retailers' websites in search of sought-after goods. A separate analysis by Salesforce found retailers' holiday inventories shrank 2% compared with 2020 levels due to lingering supply chain issues.As retailers faced higher prices on everything from transportation to labor, and inventory levels were constrained in many categories, that meant discounts were largely less prevalent this holiday season, too. Markdowns of electronics were for 8%, on average, compared with for 21% in 2020, Adobe found.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCDFW /  🏆 288. in US

Ireland Latest News, Ireland Headlines



Render Time: 2025-03-13 12:47:59