U.S. retail sales expected to cross $3.9 trillion in 2020 - NRF

(Reuters) - U.S. retail sales are expected to rise between 3.5% and 4.1% to more than $3.9 trillion this year, the National Retail Federation (NRF) said on Wednesday, despite fears surrounding the coronavirus outbreak.The trade body expects sales to be between $3.93 trillion and $3.95 trillion, citing steady wage growth and consumer confidence and assuming the virus outbreak does not become a pandemic.However, NRF expects sales to take a hit if the China factory shutdown continues.Preliminary..