Grocery turns in strong retail sales performance for December

Omicron not expected to trigger widespread retail shutdowns in 2022

 

Russell Redman, Supermarket News

Jan 07, 2022

 

Grocery sales climbed more than 8% in December and more than doubled that growth rate on a two-year stack, according to national retail sales tracker MasterCard SpendingPulse.

 

Year over year, grocery retail sales rose 8.3% for December, Purchase, N.Y.-based MasterCard reported yesterday. Since December 2019, the category has seen sales increase 16.9%.

 

The gain reflected robust overall retail sales growth for the month as shoppers stepped up their holiday purchases. Total retail sales gained 10.3% excluding automobiles and were up 6.9% backing out both autos and fuel, with the latter category still experiencing elevated per-gallon pricing.

 

By sector, restaurants tallied the strongest growth, with sales up 51.9% year over year in December, followed by luxury retailers (+46.8%), apparel stores (+46.3%), jewelry stores (+31%), department stores (+19.1%) and electronics/appliances retailers (+16%).

 

MasterCard SpendingPulse’s December data includes both in-store and online retail sales...

 

NRF sheds light on Omicron effect ...

 

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https://www.supermarketnews.com/consumer-trends/grocery-turns-strong-retail-sales-performance-december