NRF Forecasts Slower Sales in 2013

WASHINGTON — The National Retail Federation on Monday said it was forecasting 3.4% retail sales growth in 2013, saying consumer uncertainty, higher taxes and a slow economic recovery would result in decrease from the 4.2% growth in 2012.

Shop.org, NRF’s digital division, expects online sales in 2013 to grow between 9% and 12%. Online sales in 2012 during the months of November and December last year grew 11.1%.

Retail industry sales according to N

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