Looking at 2021, NRF said it is pegging retail sales to be up between 6.5% and 8.2%, which would represent a tally topping more than $4.33 trillion, with NRF saying that these figures come with the prospects of economic improvement spurred on by people receiving COVID-19 vaccinations, coupled with the continuing re-opening of the economy. Should this annual percentage projection come in, it would mark the best annual retail sales growth mark since 2004, said NRF.
Source: logistics Mgmt
Spurred on by solid economic fundamentals and vaccines, NRF has high hopes for 2021
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