American consumers were out shopping during the holidays with their wallets open as sales during the festive period saw their highest increase in six years.
2018 holiday shopping
Small home appliances ranging from food prep electrics to robotic vacuums and home environment appliances were among the top-selling products during the Thanksgiving Holiday weekend, according to The NPD Group.
With initial reports indicating that holiday shopping over the Thanksgiving holiday weekend into Cyber Monday was strong, it appears that housewares played a key role in the positive sales momentum in stores and online.
With the holiday season on the horizon, consumers are expected to take a “blended” shopping approach when seeking out gifts for family and friends, according to a recent survey from The NPD Group.