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December 29, 2023
Butcher Block Co., a leading provider of premium butcher block and wood countertops, is pleased to announce the successful conclusion of the year, marked by a resilient holiday season that defied economic uncertainties. In the face of rate hikes and persistent inflation, consumers demonstrated remarkable resilience across the country, and Butcher Block Co. is proud to have played a part in supporting them during these challenging times.
Throughout the year, economic concerns loomed large, with many retailers apprehensive about a potential decline in consumer spending. However, early data reveals a surprising uptick in holiday spending, bringing a sense of relief to the retail sector.
According to data from Mastercard SpendingPulse, retail sales from November 1 to December 24 saw a notable increase of 3.1 percent compared to the previous year, showcasing a positive trend in consumer confidence. These figures, released on Tuesday, are not adjusted for inflation, emphasizing the robust nature of the reported growth.
Noteworthy highlights from the holiday spending data include a substantial 7.8 percent jump in restaurant sales, indicating a return to normalcy and social engagement.
The impressive holiday sales figures can be attributed to a combination of factors, including a robust labor market and wage gains. Despite the Federal Reserve's efforts to curb inflation by raising interest rates, the economy has shown resilience, with many economists expressing confidence in an achievable "soft landing." As a token of appreciation to their valued customers, Butcher Block Co. is delighted to announce their exclusive New Year Butcher “Block Party” promotion — Save 5% sitewide on all things butcher block — to express gratitude for the continued support during these challenging economic times. This discount reflects the company’s commitment to providing high-quality products while acknowledging the dedication of their customers. “Butcher Block Co. remains optimistic about the coming year and is committed to continuing to serve our customers with the same dedication and passion that has defined the brand.” said President Kathleen Grodsky.
For more information, please visit Butcher Block Co.
Contact Info:
Name: Matt Grodsky
Organization: Butcher Block Co.
Address: Phoenix, Arizona 85028
Phone: (877) 845-5597