Commerce, NRF report solid January retail sales

Commerce reported that January retail sales were up 0.2 percent compared to December and saw a 5.6 percent annual gain at $472.1 billion. The NRF reported that retail sales, excluding automobiles, gas stations, and restaurants, headed up 3.8 percent annually in January and were up 0.4 percent on a seasonally-adjusted basis compared to a very strong December....