National Retail Federation affirms 4.1% growth forecast for holiday season

The National Retail Federation is "right on track" with its forecast for 4.1% sales growth this holiday season, the group told CNBC on Thursday.

Earlier Thursday, the government reported retail sales for November that were stronger than expected.

The NRF's forecast comes despite a 5 percent decline in Black Friday sales this year.

Read MoreMore retail stories from Holiday Central