NRF initiative aims to leverage retail’s economic engine
Lost among the headlines that have typically framed discussions of the now years-long “recovery” — the continuing high rates of unemployment and under-employment, a stagnant housing market and ongoing public sector austerity measures — is a bona fide economic success story: The retail industry has delivered 17 consecutive months of sales increases.
To be sure, there were some months where the lift was barely perceptible, but against the current economic backdrop, sustained growth — however modest — stands out.