Latest October retail sales data from the U.S. Department of Commerce, Census Bureau, indicated that some key retails areas experienced a decline while online retail rose slightly from the prior month. While two large pharmaceutical companies have just announced promising COVID-19 vaccines, consumers are still bracing for a virus surge for the holiday season which means greater online sales and less foot traffic to brick-and-mortar outlets.

The latest November retail sales data from the U.S. Department of Commerce, Census Bureau, indicated that some key retails areas are experiencing a decline despite holiday spending. Consumers are largely staying home amid a virus surge this holiday season, which translates to greater online sales and less foot traffic to brick-and-mortar outlets.

Latest October retail sales data from the U.S. Department of Commerce, Census Bureau, indicated that some key retails areas experienced a decline while online retail rose slightly from the prior month. While two large pharmaceutical companies have just announced promising COVID-19 vaccines, consumers are still bracing for a virus surge for the holiday season which means greater online sales and less foot traffic to brick-and-mortar outlets.