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Costco January sales up 6%
ISSAQUAH, Wash. — Costco on Thursday reported net sales of $8 billion for the four weeks ended Feb. 2, representing an increase of 6% percent from the similar four-week period last year.
Comparable store sales across Costco's U.S. store base were up 5%.
For the 22 weeks ended Feb. 2, Costco reported net sales of $46.3 billion, representing a similar increase of 6% vs. the year-ago period.
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NRF forecasts 4.1% rise in retail sales for 2014, online to grow
WASHINGTON — Retail industry sales — which exclude automobiles, gas stations, and restaurants — will increase 4.1% in 2014, up from the preliminary 3.7% growth seen in 2013, according to the National Retail Federation. The association’s 2014 economic forecast, released Thursday, calls for online sales to grow between 9% and 12%.
A number of factors contributed to NRF’s 2014 economic forecast, including: