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Here’s Why Retail Sales Could Be Getting a Boost in the Months Ahead

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There are some promising signs for consumer spending.

Citing several positive economic indicators, The National Retail Federation raised its full-year sales forecast to 3.4 percent growth from 3.1 percent, CNBC reports. The NRF, the article explains, said improvements in the housing market, job growth and higher wages are three factors that should boost consumer sentiment in the coming months. The group is also upping its projections for online sales, calling for a 7 to 10 percent increase compared its prior forecast of a 6 to 9 percent increase.

“Economic indicators are showing positive trends for retail,” NRF President and CEO Matthew Shay said in a news release. “Challenges remain, with some greater than others depending on the retail category, but consumer confidence remains high.” Those challenges seem greater for department stores, as sales last month decreased by 3.7 percent compared to last year, the article adds.

Read more at CNBC

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Wilkerson Testimonials | MSG Jewelers

Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

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