MARK-TO-MARKET: Target comments cloud holiday outlook
According to the National Retail Federation (NRF), US retailers entered the holiday shopping season this year with cautious optimism. Earlier this month, the NRF predicted sales this holiday season — the 61 calendar days in November and December — would rise 6% to 8% from 2021 to between $942.6 billion and $960 billion. .4 billion …
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