COLUMBUS, Ohio — The holiday sales outlook for 2011 indicates that growth will be driven by inflation, according to Kantar Retail, based here. The firm is projecting sales growth of 2.8% for the fourth-quarter holiday period at all retail outlets — excluding auto and fuel — compared with growth of 5.6% in 2010. Unit-volume growth is projected to be flat or slightly down, Kantar said. “If unit volume or inflation-adjusted growth turns negative for retail sales, it would likely coincide ...
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