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Healthy holiday shopping season, but trouble could lie ahead, NRF says
NEW YORK — Despite caution among consumers, retailers wrapped up 2012 with a healthy holiday shopping season, according to a new report by a retailing trade group.
The National Retail Federation said Tuesday that holiday retail sales increased 3% over the year before, to $579.8 billion. December retail sales increased 0.8% seasonally adjusted from November and 2.1% unadjusted year over year. Nevertheless, the 3% increase was still below the NRF's projected 4.1% growth. Meanwhile, nonstore holiday sales grew 11.1%.
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Retailers take part in transition to quality-based healthcare model and get paid
Walmart's Arkansas Payment Improvement Initiative aims to create a more patient-centered and cost-efficient payment system for the retailer's home state.
The latest move by Walmart is as sure an indication as any that health care is becoming less about fee-for-service and more about basing compensation on ratings derived from patient outcomes.