The holiday season is in full swing, and for U.S. retailers, it is often the busiest season of the year for consumer spending. Holiday spending in the U.S. is estimated to total nearly $1 trillion in 2023 as shoppers rush to buy gifts, food, and decorations and take advantage of retailers’ steep discounts.
However, the overall strength of consumer spending obscures how trends in retail have shifted over time, often creating challenges for local stores. The pandemic played a part in accelerating a major trend that has impacted the sector in recent years: the growing shift toward e-commerce, and the decline of brick-and-mortar retail.
The Gwinnett Daily Post is a daily newspaper published in Gwinnett County, Georgia, and serves as the county's legal organ. The newspaper is owned by Times-Journal Inc. and prints Wednesday and Sunday each week.