The Boston Globe

Business

Retail results a mixed picture

Warm weather cooled sales at some chains

Retailers reported mixed sales results for the month in a sign that U.S. consumers continue to be cautious about when and where they spend their money in the shaky economy. Overall, merchants reported a 4.8 percent increase for January yesterday, according to the International Council of Shopping Center’s tally of 20 retailers. That’s above the 3 percent gain that ICSC had expected.

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