Retail Industry Trade Group Sees Holiday Sales Up 2.8%
October 06, 2011 at 00:10 AM EDT
Holiday retail sales are expected to rise 2.8 percent to $465.6 billion, the National Retail Federation predicts. This growth, while far slower than last year's 5.2 percent gain, is slightly higher than the 10-year average holiday sales gain of 2.6%, the group said.