NRF Projects Retail Sales to Grow Between 6.5% and 8.2% in 2021

The trade group cited both the reopening of the economy and the distribution of Covid-19 vaccines as driving that year-over-year increase

Retail sales are expected to grow between 6.5% and 8.2% or $4.3 trillion and $4.4 trillion this year, the National Retail Federation projected Wednesday, citing the reopening of the economy and vaccination efforts as propelling what could prove to be the fastest growth since 2004.