Usa Los Angeles state California San Francisco county Long covid-19 2020 pandemic Usa Los Angeles state California San Francisco county Long

Americans could pay 20% more for holiday gifts this year, analysts say

Reading now: 464
www.fox29.com

SAN FRANCISCO - Salesforce, a global software company, predicts holiday shoppers could pay up to 20% more for their gifts this year compared to last year.The company also predicts online sales will grow 7% following the 2020 holiday shopping season.Company analysts point to multiple reasons why wallets and purses could take a hit this year — from the COVID-19 pandemic to the backup of cargo ships at America’s ports. RELATED: COVID-19 lockdowns, crowded cargo ports leading to holiday shortagesAccording to The Wall Street Journal, tens of thousands of containers are stuck at the ports of Los Angeles and Long Beach, California, the two West Coast gateways that move more than a quarter of all American imports.

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA