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The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.
Retail sales softened in January, but economists at the National Retail Federation say households are still engaged.
Although consumer demand was soft in January, retailers are continuing to invest in physical stores. Walmart, Dick's and Sephora have big expansion plans for stores.
Although consumer demand was soft in January, retailers are continuing to invest in physical stores. Walmart, Dick's and Sephora have big expansion plans for stores.