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Sales of parasite treatments on the rise
Each year, as many as 12 million sets of parents come home to find their children frantically scratching their heads due to a head lice infestation. And that incidence appears to be on the rise, as sales of parasite treatments were up 7.3% to $163.7 million for the 52 weeks ended May 15 across total U.S. multi-outlets, according to IRI data.
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Increased consumer spending prompts NRF to boost 2016 sales projections
WASHINGTON – With increases in consumer spending expected to remain solid during the remainder of the year, the National Retail Federation on Tuesday increased 2016 retail sales projections by 30 basis points to 3.4% over last year.
Online and other non-store sales, which are included in the overall figure, are expected to increase 7% to 10% year-over-year rather than the 6% to 9% percent forecast earlier.