WETA Nightly Business Report February 7, 2013
Take home pay this year, but that doesnt seem to be holding back spending. Retailers posted their biggest Monthly Sales gains in a year in january, despite the expiration of a payroll tax holiday. 20 retailers tracked by Thomson Reuters reported an average sales gain of 5 in january. Thats nearly twice as strong as last year. Erika miller looks at whether the sales momentum can continue. Reporter if theres one thing helping retailers these days, its cold weather. Low temperatures in much of the nation has boosted sales of coats and warm clothing. So no surprise that Department Stores re big wi...