Monday Retail Reads

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  • Consumer spending increased slightly faster than expected in January, but real disposable income fell 0.6 percent in January, the largest decline in seven months – Reuters
  • Cellphones Let Shoppers Point, Click and Purchase: some retailers plan to turn applications on mobile phones into information displays and devices for ordering – NY Times
  • Dillard’s shares spiked over 15% on Monday as the company swung to a better-than-expected fiscal fourth-quarter profit, even as sales continue to post sharp declines – Market Watch
  • Restaurant Performance Index Declines Slightly in January, But Optimism for Future Business Conditions Strengthens: Same-store sales and customer traffic levels slip; Expectations Index tops 100 for the first time in 9 months – National Restaurant Association
  • In new ad campaign, Lowe’s Puts Its Focus on Knowing the Customer’s Wants – NY Times
  • J.C. Penney is launching its spring marketing campaign by calling attention to its growing list of exclusive fashion brands during Sunday’s Academy Awards broadcast – Dallas News

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