Consumer technology sales had their strongest growth in at least seven years in 2020 and the momentum will carry over into the first quarter of this year.
Despite the arrival of the vaccine, we expect the first half of 2021 to reflect a continuation of 2020’s acceleration toward digital and omnichannel as most shoppers remain at home.
Bed Bath & Beyond’s third-quarter sales fell 5% in as the chain continued to close stores and sell off non-core assets as part of its turnaround strategy.
