Retail sales showed strong gains in November, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation.
“November Retail Monitor data shows that consumers are embracing the holiday season and promotions being offered by retailers,” said NRF President and CEO Matthew Shay. “Value conscious shoppers are out looking for deals as they purchase gifts for family and friends, and this data indicates that they’re finding them. Since November makes up half the holiday season, these numbers are a positive indication of what we can expect for the full holiday season.”