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
Director of Legal Affairs
True Religion Brand Jeans
Vernon, California
Affiliate Marketing Manager
Pier 1 imports
Fort Worth, Texas
Manager, Internal Audit
L Brands
Columbus, Ohio
Sales Manager - Sacramento/San Jose
Pilkington North America
Sacramento, CA
Merchandising Exposure Program (MEP)
Walgreens
Deerfield, Illinois