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Time for Retailers to Throw Caution to the Wind?

author logo  Retail numbers for the month of January were released yesterday. Here is an excerpt from an article I wrote for Apparel Magazine discussing the numbers. While retail sales rose less than expected in January, up only 0.4 percent (including auto sales), I have moved from "cautiously optimistic" to "conditionally optimistic" with respect to retail sales in 2012. As long as consumer confidence continues to rise and unemployment continues to decline, 2012 will see healthier gains than the prior two years. It's important to remember when looking at January sales numbers that this is the month where retailers typically clean up and clean out leftover holiday inventory and begin preparations for Spring. January numbers may not be indicative of the growth the industry will experience during 2012, as retailers are still dealing with the excess baggage from the less than stellar holiday season. Read more at: