NEWSWATCH

GIFT CARD SALES MAY SLOW: NRF WASHINGTON Gift cards could be among the items headed for a rough holiday sales season, according to the National Retail Federation, which last week said it was expecting the slowest holiday retail sales season since 2002. In a conference call discussing its forecast for a 2.2% overall sales gain for retail this season well below the survey's 10-year average of 4.4% growth

GIFT CARD SALES MAY SLOW: NRF

WASHINGTON — Gift cards could be among the items headed for a rough holiday sales season, according to the National Retail Federation, which last week said it was expecting the slowest holiday retail sales season since 2002. In a conference call discussing its forecast for a 2.2% overall sales gain for retail this season — well below the survey's 10-year average of 4.4% growth and the lowest since a 1.3% gain in 2002 — Scott Krugman, vice president o

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