Retail News

NRF forecasts strong holiday sales with caveats

Reuters 10/03/2019

The National Retail Federation is projecting sales to increase between 3.8 percent and 4.2 percent for the 2019 holiday season. The forecast comes at a time when signs are pointing to a slowing economy. “There has clearly been a slowdown brought on by considerable uncertainty around issues including trade, interest rates, global risk factors and political rhetoric,” NRF Chief Executive Officer Matthew Shay said in a statement.

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