Retail is on the rebound, but smaller businesses are still at risk, National Retail Federation CEO says

Retail is on the rebound, but smaller businesses are still at risk, National Retail Federation CEO says

As retail sales pick up again, National Retail Federation CEO Matthew Shay said he wants to make sure small and mid-sized stores and restaurants can make a comeback, too.

“They get hit harder and they get hit first and so we need to bring them back quickly,” he said on CNBC’s “Squawk Box.”

Retail sales jumped by 17.7% in May, the Commerce Department said Tuesday morning. That includes…

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