Forecast: Retail sales to rise 4.3% in 2014


The NRF forecasts retail sales will rise 4.3% in 2014 to improve on last year's gain of 3.7%.

The association forecasts strong household and business confidence will support an uptick in spending. The impact of higher healthcare costs on consumers and companies is factored into the NRF view.

Online sales (AMZN, EBAY) are expected to increase by 9% to 12% this year.

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