Retail sales continue to grow
- February 15, 2011
Retail sales grew in January, marking the seventh straight month of growth in the industry.
Monthly retail sales figures for January were up 0.3 percent over December and 7.8 percent over January 2010, according to figures released by the U.S. Department of Commerce. Retail sales excluding auto sales were up 0.3 percent over the previous month and 6.2 percent over January 2010.
Consumers overcame the challenges presented by bad weather across the U.S. in January, according to a statement by the Retail Industry Leaders Association (RILA), an Arlington-based trade association of some of the world’s largest retail companies.