The pullback is possibly a reaction to increased fears over U.S.-China tensions according to NRF.
The Buckle, Inc. announced that sales increased 3 percent.
Details from the National Retail Federation’s prediction for the holiday season both for stores and online.
However, new tariffs present ‘downside risks.’
The Buckle, Inc. reports August 2019 net sales.
Retail sales were up 0.6 percent in June.
The Buckle, Inc. reports details of May 2019 sales.
The results come as NRF is forecasting that retail sales during 2019 will increase between 3.8 percent and 4.4 percent.
Sales are up 3.6 percent over 2018, according to NRF.
2018 holiday sales grew 2.9 percent amid turmoil over trade policy and delay in data collection.