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Moody’s Investors Service.

As 2018 nears, outlook for retailers is bullish

NEW YORK — U.S. retailers can expect operating income and sales to grow between 3.5% and 4.5% in 2018, according to Moody’s Investors Service. Meanwhile, solid economic fundamentals suggest healthy holiday sales growth of between 3% and 4% this year, Moody’s said at the end of last month in releasing its retail sector outlook for

U.S. retail sector on track for healthy growth

U.S. retail sector on track for healthy growth

NEW YORK — For 2017, the U.S. retail industry stands to turn in solid sales growth, including healthy holiday retail sales, despite continued pressure on operating results, according to Moody’s Investors Service. Moody’s pegs 2017 U.S. retail sales growth at 3% to 4%, upholding its previous outlook. However, the rating agency has lowered its forecast