Economy Watch Weekly: Strong Holiday Season Ahead for Retailers
October 17, 2017
Following a 1.6 percent increase in retail and food services sales for the month, Deloitte analysts also expect retailers to have a strong 2017 holiday season. Economy Editor Dees Stribling talks all things retail, for the week ending Oct. 13, 2017.
U.S. retail and food services sales increased 1.6 percent for the month, with retail categories like auto and building materials performing best, according to the U.S. Census Bureau. A new Deloitte report expects retailers to also have a strong 2017 holiday seasons, with e-commerce sales expected to increase a staggering 18 to 21 percent. Economy Editor Dees Stribling dishes on all things retail, for the week ending Oct. 13, 2017.Â
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