NRF: Retailers expect smaller 2013 sales rise

A higher payroll tax that is taking a bigger bite of consumers' paychecks, as well as ongoing fiscal confusion in Washington, are expected to lead to the smallest increase in U.S. retail sales since 2010. Sales are expected to grow 3.4% in 2013, down from 4.2% last year and 5.8% in 2011, NRF said Monday. "Many people will be shopping for price more often, and there may be some trading down and reshuffling because of changes that many people are seeing in their paychecks," said President and CEO Matthew Shay.

View Full Article in:

Women's Wear Daily (subscription required) · Reuters · Wichita Eagle (Kan.), The · USA Today · Fox Business

Published in Briefs:

SmartBrief Job Listings for Retail

Job Title Company Location
Staff Accountant-General Accounting
Total Wine & More
Potomac, Maryland
Branch Manager
Crescent Electric Supply Co.
Cedar Rapids, IA
Customer Service Operations Director
Orchard Brands
Warren, Pennsylvania
Store Initiatives Manager Job
Ross Stores, INC
Dublin, California
Project Manager, Store Planning & Construction
The Vitamin Shoppe
North Bergen, New Jersey