Weak January Comps Hit After Tough Retail Year

Investors pushed the S&P Retail Index up 8.5 points, or 3.3 percent, on Thursday.

By Alexandra Steigrad

with contributions from Evan Clark, Arnold J. Karr

financial/news

Sharp cuts in inventories took some of the sting out of stores’ dismal January performances, which followed the toughest retailing year in more than a generation.

Comparable-store...

Weak January Comps Hit After Tough Retail Year

Investors pushed the S&P Retail Index up 8.5 points, or 3.3 percent, on Thursday.

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