With just a few days left before Christmas, David Ayers-Moran of Minneapolis bounded into the Patina gift shop in Golden Valley and started looking for gifts for his mother.
"I was in college doing finals, so I didn't have time," said Ayers-Moran, who picked up an oven mitt and hand towel. "My parents didn't want me to shop any earlier."
In what's expected to be a record-shattering year for retail sales, supply chain issues pushed many consumers to do their buying earlier this Christmas shopping season. But even the emergence of a new coronavirus variant didn't stop crowds of shoppers from packing into stores this week in the final days before the holiday.
"This is a week when retailers do big volumes," said David Zoba, chair of Hey!Joy Toy Store at the Mall of America in Bloomington.
The National Retail Federation predicted holiday spending this year will easily beat records, initially forecasting sales growth around 10% to $859 billion. The industry group later raised its outlook to 11.5% growth, based on early shopping patterns.
Retailers big and small attribute the buying sprees to customers tired of the pandemic and eager to spend. The big jump is partly because of suppressed sales during last year's holiday before COVID-19 vaccinations were widely available. Inflation is also playing a role. Holiday retail sales typically grow around 3 to 4% annually.
Executives at Minneapolis-based Target Corp. were so optimistic that they raised their outlook in November, and one retail tracker this week said Target fared better than other national chains last month.
But across the Twin Cities this week, store owners and managers said local shops experienced the same consumer lift.