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Friday, February 7, 2014

U.S. retailers' sales chilled by weather, low consumer confidence

January was a tough end to the most competitive holiday season for U.S. retailers since the 2007-2009 recession. Retail sales figures reported on Thursday showed shoppers continue to pinch pennies, seeking out bargains and paying fewer visits to stores in a month when consumers typically wrap up their holiday shopping and redeem gift cards.

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