Moody's: US retail, apparel and restaurants industries to see steady performance in 2017
New York, December 15, 2016-- The outlook for the US retail industry in the year ahead is stable, with operating income for the sector growing between 4.0% and 5.0%, and sales in the 3.0% to 4.0% range. Six of the industry's 13 sub-sectors will see operating income growth exceed 5%, led by home improvement, specialty and dollar stores. Even so, broader industry performance will continue to be tempered by discounters/warehouses, apparel and footwear sellers, department stores and...
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