NRF PROJECTS 5% HIKE IN HOLIDAY SEASON SALES

WASHINGTON - While holiday sales are expected to increase this year, it could be a "subdued" season for retailers, according to the National Retail Federation here.The industry trade group, in its annual holiday forecast released last week, predicted total retail sales will increase by 5% over last year, bringing the nation's holiday spending to $457.4 billion. In comparison, holiday sales in 2005

WASHINGTON - While holiday sales are expected to increase this year, it could be a "subdued" season for retailers, according to the National Retail Federation here.

The industry trade group, in its annual holiday forecast released last week, predicted total retail sales will increase by 5% over last year, bringing the nation's holiday spending to $457.4 billion. In comparison, holiday sales in 2005 rose 6.1% to $435.6 billion.

Over the last decade, the average annual percentag

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