-
Moody’s forecasts 4- to 5% sales increase in 2015
New York -- The outlook for the U.S. retail industry in 2015 is stable, according to a new report by Moody’s Investor Service, which forecasts that retail sales will grow 3- to 4% in 2014, and 4- to 5% in 2015. The report, Moody’s U.S. Retail Industry Outlook, also finds that traditional brick-and-mortar retailers will be formidable competitors to pure-play online merchants.
-
Rue21 experiments with plus size offering
Teen specialty retailer Rue21 has launched a new juniors plus size division called Rue+ the company said its customers have been asking for.
The Rue+ division is intended to serve as a destination for trendy yet affordable plus size apparel and accessories that will inspire and empower plus sized girls to feel confident in how they look, according to the company. The product offering will be available at Rue21.com and in 22 of the company’s 1,100 stores nationwide.
