NRF: 2021 to see fastest retail growth in over two decades

The National Retail Federation expects retail sales to grow between 6.5 percent and 8.2 percent this year. The group sees the retail industry benefitting from wider distribution of COVID-19 vaccines and a resulting rebound of the U.S. economy. NRF expects that online sales growth will remain strong, increasing between 18 percent and 23 percent this year.