NRF anticipates moderate growth for holiday sales
WASHINGTON - One of the world's largest retail trade associations is projecting that holiday sales will increase by a moderate 2.3% to $447.1 billion.
The National Retail Federation said that while growth remains slightly lower than the 10-year average holiday sales increase of 2.5%, it would be a marked improvement from both last year’s 0.4% uptick and the dismal 3.9% holiday sales decline retailers experienced in 2008.
