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15th annual CGP forecast predicts 3.2% holiday growth
U.S. consumers will generate only a lackluster 3.2% year-over-year increase in holiday sales, according to the latest forecast of November-December spending.
Customer Growth Partners’ 15th Annual Holiday Forecast says retail sales for the holiday period will reach $607 billion, a new record, but the anemic 3.2% pace reflects declining median incomes for all but the top 20% of households.
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Sleepy’s realizes EMV, NFC payment dream
Sleepy’s, The Mattress Professionals is staying awake when it comes to the latest in consumer payment.
The privately held specialty mattress and bedding accessories retailer has committed to upgrading to Ingenico Group smart terminals to securely accept EMV credit and debit cards and NFC/contactless mobile payments at all of its 1,000-plus stores by the end of 2015.

