January Retail Sales Rise

NEW YORK — Monthly same-store sales results for January reported Thursday indicate consumers may be becoming gradually less cautious in their spending.

NEW YORK — Monthly same-store sales results for January reported Thursday indicate consumers may be becoming gradually less cautious in their spending.

A composite of 31 retailers reporting sales for the month showed 4.99% same-store sales growth — higher than the 3.2% gain in December, and higher than the 3.3% gain reported in the same period a year ago, according to an analysis by Kantar Retail.

“Shoppers are slowly becoming less cautious about their spending and that

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