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Retailers Expect Blowout Christmas
Updated October 5, 2017 7:38 AM | Filed under: Business
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(UNDATED) - The National Retail Federation predicted that holiday sales in November and December - excluding automobiles, gasoline and restaurants - will increase between 3.6 percent and 4.0 percent for a total of $678.75 billion to $682 billion, up from last year's $655.8 billion.

Talk Media News reports the expected increase, will reflect "the very realistic steady momentum of the economy."

Also, NRF said it expects retailers to hire between 500,000 and 550,000 seasonal workers, which is fewer than last year's seasonal workforce of 575,000 but the reduction may be a consequence of increased permanent job hiring during the last several months.



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