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January Retail Sales Rise, But Department and Clothing Stores Falter

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U.S. retail sales increased a seasonally adjusted 4 percent in January to $463.27 billion compared to a year earlier and were up 0.1 percent year-over-year, the U.S. Census Bureau reported Friday. The National Retail Federation (NRF) said the numbers, which exclude automobile dealers, gasoline stations and restaurants, build on increases of 0.3 percent month-over-month and…

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