January 21, 2021
Shoppers at the Irvine Spectrum Center on Dec. 12 and The Grove (below) on Dec. 19 contribute to a successful holiday-sales season as they shop despite economic challenges during 2020.
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The National Retail Federation reported on Jan. 15 that business for the 2020 holiday season was surprisingly strong. Sales grew 8.3 percent to $789.4 billion, beating the prominent trade group’s forecast of 3.6 percent to 5.2 percent growth.