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Retail Sales Reach Pre-Pandemic Levels

Despite a lackluster Black Friday, the NPD Group reports that U.S. sales revenue for discretionary general merchandise in 2021 had already reached 100% of the highest level reached in 2019, and 98% of the 2020 peak before December. Sales revenue during this year’s Thanksgiving week grew 14% over the same week in 2020 but it was 5% below the same pre-pandemic period two years ago.

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