Signet Jewelers Ltd (SIG): New York--Retail sales during the holida...

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Thursday, 11/05/2015 11:16:29 AM

Thursday, November 05, 2015 11:16:29 AM

New York--Retail sales during the holiday season are expected to be “strong” and could reach $885.7 billion, a 5.7 percent increase year-over-year, according to market research company Emarketer.

It’s an upward adjustment from the 3 percent growth rate predicted earlier this year, as well as the highest forecast since the 6.3 percent sales increase projected for 2011.

“Retail sales in November and December 2015 are expected to show a healthy increase over what was experienced during the same period in 2014,”

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