Retail analysts have released a string of bullish predictions for the Holiday season, forecasting sales growth in the high-single to low-double digits. While the top line figures are promising, analysts are also warning of a spike in cost of goods sold for retailers on supply chain and inflationary pressures.

AlixPartner’s U.S. Retail Holiday-Outlook Survey calls for the highest sales increases, forecasting growth in the 10% to 13% range. The survey found 88% of consumers plan to spend the same or more as the prior year, compared to only 12% in the Holiday ’20 survey. Consumers planning less spending came it at ... Log in to view full article.