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The National Retail Federation forecasts 2013 retail sales will increase at a rate of 3.4%,...

The National Retail Federation forecasts 2013 retail sales will increase at a rate of 3.4%, lower than the 4.2% rise seen in 2012. Consumer attitudes will be influenced by higher payroll taxes and the ongoing fiscal cliff drama before improving in the second half of the year, according to the trade group. Retailers with strong online businesses should be able to ride out the moderate growth period adequately with online sales forecast to rise between 9% and 12% for the year.
Comments (9)
  • that is unless the gov keeps kicking the can lol
    28 Jan 2013, 10:23 AM Reply Like
  • People deserve to spend on themselves, whether they can afford it or not! We probably need to increase the welfare rolls and the amount they get - it'll help the economy. Debt - "Who Me Worry?"
    28 Jan 2013, 10:33 AM Reply Like
  • can't understand why BBY has suddenly seen continuing price increase? Could anyone care to enlighten me, please? I'm caught with quite some shorts and I don't know whether I should dump or not, because my attention was focussed on other stocks that had seen some tremendous jumps. I hate getting fried by BBY when I know inherently they are weak, so I'm guessing some rumours has been stirring up this stock and I would be very indebted to know what's going on? Thanks a million.
    28 Jan 2013, 12:01 PM Reply Like
  • Online, hmmm, I guess that leaves JCP out.
    28 Jan 2013, 08:20 PM Reply Like
  • How do come to that conclusion?
    29 Jan 2013, 02:11 AM Reply Like
  • Their website is abysmal and has been for the past year. They have made no attempt to maintain stock or update items no longer available. Online sales were down over 30% last quarter and things have not improved.
    29 Jan 2013, 12:53 PM Reply Like
  • Their website works fine. And is pleasant on the eyes.

     

    "Made no attempt to maintain stock" is another persons "they've sold out of items."

     

    Online sales were down because store sales were down BECAUSE Ron Johnson hasn't replaced the old store with the new one yet.

     

    This is like when Apple iPad sales plummet because everyone knows a new iPad is coming.

     

    JCP hired Ron Johnson to introduce something better. Everyone is saying, okay, where is it? But it's not here yet.

     

    Or is that not clear?
    30 Jan 2013, 03:24 AM Reply Like
  • Today, GDP down but PCE up! Spend baby spend
    30 Jan 2013, 05:49 PM Reply Like
  • my weekly hours have gone down a lot since this healthcare bill passed and then
    confirmed by the supreme court,i might have to find another job just to get by!!
    31 Jan 2013, 12:24 PM Reply Like
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