Retail sales cool in January after holiday surge
NRF Chief Economist Jack Kleinhenz said the decline was expected.
NRF Chief Economist Jack Kleinhenz said the decline was expected.
An 8.6% increase in online shopping was a major driver of growth.
The event raised over $2.7 million to support the NRF Foundation’s career development initiatives.
December retail sales surged as late Thanksgiving boosted holiday shopping momentum, with strong gains across online, clothing, and electronics sectors.
"November's results show a strong start to the traditional holiday season."
"This strike will have devastating consequences for American workers, their families, and local communities," Shay said in a statement.