US Retail Outlook

Forecast: Holiday sales to increase by 4%

Forecast: Holiday sales to increase by 4%

NEW YORK — Retailers can expect a 4% year-on-year sales bump in the holiday months of November and December, according to a forecast from Coresight Research Inc. “A steady economic backdrop frames this year’s holiday shopping season. Higher wage growth and lower gas prices point to the potential for higher sales,” the research firm says