Economic Impact: Optimistic outlook should mean strong holiday sales for retailers

The holiday selling season is in full force at stores in malls and shopping centers. It is the time of year that represents about 20 percent of the retail industry's total sales. And based on recent announcements by some national retailers and online sellers that are looking to hire more seasonal workers than last year, it looks like the chains are optimistic about the upcoming holiday selling season. There is good reason for that bright outlook.