Core retail sales will crest over $1 trillion for Holiday 2025, according to the National Retail Federation’s annual forecast, putting the top line for Nov. 1 to Dec. 31 in the range of $1.01 to $1.02 trillion, representing 3.7% to 4.2% growth over 2024. Last year’s tally of $976.1 billion was up 4.3% over $936 billion in 2023. The growth rates have slowed to the mid-singles since 2021’s 12.5% gain to $860.3 billion, lapping 2020’s 8.9% increase. Despite current cautiousness, NRF officials see consumers as “fundamentally strong” and expect them to ... Log in to view full article.