Despite supply chain challenges and labor shortages, retailers are coming off another unusual, but strong, holiday shopping season. Analysts predict 2022 will be another solid year for retailers, even with an expected decline in growth. For more insights into 2022, read our conversation with economic expert Katie Thomas.
Global retail industry growth for 2022 is predicted to be down 6.6 percent from the forecasted growth in 2021, which was 7.2 percent.
Total 2022 retail sales worldwide are expected to top $26.7 trillion.
3 Trends That Will Shape Retail in 2022
Sale of more secondhand goods
Return policies will differentiate retailers
Using tech to enhance in-store experiences
Register for the webinar with NHPA’s Dan Tratensek and Grant Farnsworth from The Farnsworth Group for insights into trends and industry projections for 2022 at YourNHPA.org/webinars.