WASHINGTON — The National Retail Federation here projected that retail sales would grow about 3.4% in 2012, to $2.53 trillion (excluding autos, gas and restaurants). That would represent a slowdown from the pace of growth in 2011, when sales grew an estimated 4.7%. Although NRF said holiday spending at the end of 2011 was up 4.1% over 2010 levels, a pullback in consumer spending is expected. NRF made the projections at its Annual Convention & Expo this month in New ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.