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Slower holiday sales growth predicted for 2013

September 17, 2013 • Business


FILE – In this Monday, Dec. 24, 2012, file photo, a retail store at the CambridgeSide Galleria mall in Cambridge, Mass., advertises holiday sale. Coming off of a weak back-to-school shopping period, a research firm said Thursday, Sept. 17, 2013, that holiday sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to visit fewer stores as they research purchases online. (AP Photo/Michael Dwyer, File)

Coming off of a weak back-to-school shopping period, a research firm expects holiday sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to visit fewer stores as they research purchases online.

Retail revenue in November and December should rise 2.4 percent during the biggest shopping period of the year, Chicago-based research firm ShopperTrak said Tuesday. That compares with a 3 percent increase in 2012 Login to read more

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