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Retail Sales Up 1.9% in Week: Redbook

Retail sales grew 1.9% in the week ended Jan. 19, after a 2.1% gain the week before, according to the weekly retail sales report released by Johnson Redbook Wednesday.

Month-to-date, January rose 2.0% from January 2012, less than the 2.3% increase expected, while sales fell 0.3% compared to December, again short of expectations of an unchanged level.

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