31.10.2016 16:23:00
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Moody's: Outlook for US retailers remains stable as holiday sales set to improve
New York, October 31, 2016 -- The outlook for the US retail sector remains stable, supported by a gradually growing economy, low levels of unemployment and elevated levels of consumer confidence, says Moody's Investors Service in a report. Retailers should benefit from healthy holiday sales growth after a disappointing season last year, but must manage promotional cadence to maintain margins.