What's Inside

We conclude our coverage of the 2022 holiday season in US retail, drawing on consumer survey data, shopper traffic data, retailers’ trading updates and retail sales data.

 Data in this report are:

• Proprietary US consumer survey findings—Total holiday spending (versus pre-holiday expectations), channels through which holiday gift purchases were made, categories purchased as gifts (versus pre-holiday expectations)
• Store traffic trends—Percentage changes in store visits for major retail sectors and major retailers versus the prior year and compared to three years earlier
• US retail sales—Year-over-year changes between December 2021 and December 2022, and sales by sector in the fourth quarter of 2022
• US inflation, 2022

Companies mentioned in this report include: Best Buy, Costco, Dollar General, Dollar Tree, JCPenney, Kohl’s, Macy’s, Target, Walmart

Other relevant research:

• December 2022 Leading Indicators of US Retail Sales: Mid-Single-Digit Sales Growth Expected Despite Economic Uncertainty
• US Retail and Consumer Outlook: An Overinflated Balloon Set To Pop?
• All Coresight Research coverage of US holiday retail
• Our full series of US Consumer Tracker and US Consumer Tracker Extra survey reports
• Coresight Research monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US. Click here to view our full collection of monthly reports.
• US Store Tracker Databank