Retail Sales Will Remain Weak: Study

Sales for the food, discount and mass merchandise channels are projected to increase 2.4% this year — a decline from the 5% inflation-adjusted average growth rate for the years 1998 and 2008, according to a report by PricewaterhouseCoopers and Retail Forward.

NEW YORK — Sales for the food, discount and mass merchandise channels are projected to increase 2.4% this year — a decline from the 5% inflation-adjusted average growth rate for the years 1998 and 2008, according to a report by PricewaterhouseCoopers here and Retail Forward, Columbus, Ohio.

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