Retail sales are expected to grow 5.0-5.6% over last year, according to a forecast by Deloitte, to exceed $1.10 trillion and digital sales will be the biggest growth driver, accelerating to a 17-22% increase compared to a 16.6% in 2017 and reaching $128-134 billion, about 12% of the total. Low unemployment, high consumer confidence and stable personal savings have all led to a 5.0-5.4% increase in disposable personal income, Deloitte said, up from 4.7% growth last year. The key risks that could derail growth are the prospect of higher interest rates from the Fed and a sharp decline in the ... Log in to view full article.