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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