Retail Sales Rise 1.5% in Week: Redbook

Retail sales grew 1.5% in the week ended February 2, after a 1.6% increase the week before, according to the weekly retail sales report released by Johnson Redbook Tuesday.

January was up 1.8% compared from January 2012 (relative to a target of a 2.3% gain) but declined 0.6% compared to December (relative to a target of a flat reading).

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