CNBC/NRF Retail Monitor: January sales drop from busy December but strong gains year over year
Shoppers spent less in January than they did during the busy holiday month before but retail sales had strong year-over-year gains nonetheless, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation (NRF). “Consumers pulled back in January, taking a breather after a stronger-than-expected holiday season,” said Matthew Shay, president and CEO, NRF. “Despite...
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