4 Retail Stocks That Hold Promise Despite Soft January Sales

In a marked retreat from December's upbeat pace, Americans scaled back their spending in January. The latest report from the Commerce Department reveals a 0.8% drop in retail sales last month, contrasting with December's modest 0.4% uptick and defying market expectations.While adverse weather conditions may have played a role in this contraction, mounting financial pressures, such as higher interest rates, likely contributed to dampened consumer enthusiasm.Despite a strong job market and rising wages, consu ...