Thursday, September 7, 2017

Holiday sales to be impacted by ‘lackluster’ wage growth

One of the first holiday quarter sales forecasts is out of the gate.
 
Global retail consulting firm Kantar Retail predicts that U.S. retail sales will grow 3.7% in the fourth quarter of this year. The forecast represents an improvement relative to weak growth of only 2.9% in the year ago period. But it is underwhelming compared to average growth prior to the recession of 5.0%, according to Kantar.. . . more

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