Retail Sales Are Flat in January
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WASHINGTON -- Retail sales, hurt by a big drop in auto purchases, slowed in January to the weakest performance in three months.
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Shoppers put aside worries about the slumping economy to go to the malls and auto dealerships in January. That propelled retail sales to a surprising rebound following a dismal December.
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Retail sales dropped at their sharpest rate in four years in January, despite heavy discounting in many stores.
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NEW YORK -- The traditional excuse for disappointing retail sales in February -- cold weather -- might not be enough to explain sluggish results posted by US merchants from Gap Inc. to AnnTaylor Corp. Unappealing fashions may also have something to do with it.
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U.S. consumer sentiment eased in early  January, according to a survey released on Friday, as shoppers'  holiday shopping bills came due for payment.
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US retail sales rose 0.3 percent in January, a government report showed Wednesday, as shopping activity rebounded unexpectedly despite growing economic worries.
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WASHINGTON - Shoppers got their buying groove back last month, propelling sales at the nation's retailers by a strong 1.5 percent, the best showing since March. Activity at the nation's factories remained subdued, however, with industrial production rising just 0.1 percent...
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Retail sales posted a surprising rebound in January following a dismal December, although much of the strength reflected rising gasoline prices. Economists saw the increase as a temporary blip rather than a sustained recovery.
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Consumers lured by clearance sales of winter merchandise gave many of the nation's merchants solid sales in January despite heavy snowstorms in the Midwest and Northeast.
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Post-holiday clearance sales and gift-card redemptions boosted January sales at major U.S. retailers, but the harsh winter weather that hit the Northeast and Midwest late in the month capped consumers' spending.
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Retail sales fell 0.3 percent in January  --  the weakest showing in five months  --  as a big drop in demand for cars offset strength at clothing and department stores. Spending was powered mostly by consumers anxious to use holiday gift cards.
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WASHINGTON -- Sales at the nation's retailers edged up by 0.1 percent in February as bad winter weather in many parts of the country kept shoppers away from the malls.
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- Pier 1 Imports Inc.  said it recorded a 13.2 percent fall in January sales at stores open for at least a year.
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January retail sales were  unexpectedly flat as motor vehicle, gasoline and electronics  sales dipped sharply in the post-holiday season after a  December that was stronger than originally indicated, a  Commerce Department report showed Wednesday.
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Sales at retailers unexpectedly rose  0.3 percent in January, partly reflecting stronger sales of new  cars and gasoline, according to a Commerce Department report on  Wednesday.
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US retail sales rose 0.3% in January, official figures show, bolstered by sales of new cars and petrol.
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Frigid winter winds blew life into U.S. retailers' January sales as consumers snapped up cold weather clothes that were left on the shelves from the holiday season.