Apparel and jewelry, meanwhile, enjoyed strong demand-driven growth and outpaced inflation in their sectors
Department stores enjoy growth from discretionary spending
California, New York, Florida, Nevada and Illinois are leading the brick-and-mortar uptick
Continued growth "may be at a more moderate pace"
Key retail trends highlighted in new Mastercard report
Groceries are now a major category online, expected to top $85 billion in sales in 2022
Home furnishings was the standout category.
CEO confident in additional growth following HeyDude acquisition
Apparel and department stores were the benefactors
Apparel company cites factory closures, warns of additional losses
Sales up 16.3 percent year over year
Despite lower profits in Q3, company sales are up 15 percent
Adult-beverage purveyors, home-improvement outfits lead the way.
Economists had predicted a more drastic decrease
The brand outpaced analyst estimates, demonstrating year-over-year growth
NRF figures show dramatic growth when compared to April 2020
Net sales for the fiscal quarter grew 19 percent