U.S. online holiday sales are expected to rise this year at their slowest pace since at least 2015, according to a report, as shoppers feel the brunt of decades-high inflation and soaring interest rates.
Adobe Analytics forecast online sales in November and December to rise 2.5 percent to $209.7 billion, compared with an 8.6 percent increase a year ago, as more people also return to in-store shopping and bring forward purchases to as early as October.
