-
NRF: Sales look a little less rosy
Washington, D.C. - The National Retail Federation (NRF) is now a little less rosy in its sales expectations for 2015. The NRF has lowered its full-year retail sales forecast because of unexpected slow growth recorded during the first half of the year, similar to the industry’s experience in 2014.
However, NRF still expects sales will steadily increase through the remainder of the year. NRF forecasted in February that retail sales would grow 4.1% in 2015 from 2014, but today’s revision lowers the forecast to 3.5%.
-
Report: Target says controversial shirt not meant to offend
Minneapolis – Target Corp. is getting some social media heat about the message on a controversial T-shirt it is selling, and says no offense was ever intended. According to the Associated Press, in a written statement Target said the black women’s shirt with the word “Trophy” written across the front in bold lettering is not meant to demean women.
