Retail employees have called on the government to implement tougher measures against attackers after theft and abuse incidents have increased by 50 per cent.
U.S. Retail Sales: Retail sales dropped 0.8% last month, the Commerce Department s Census Bureau said on Thursday, also likely weighed down by winter storms. Data for December was revised lower to show sales rising 0.4% instead of 0.6% as previously reported.
A report released by the Commerce Department on Thursday showed retail sales in the U.S. fell by much more than expected in the month of January. The Commerce Department said retail sales slid by 0.
Despite a report from the International Agency (IEA) that said oil supply is likely to rise significantly this year, oil futures ended notably higher on Thursday as the dollar weakened with weak economic data raising hopes of a rate cut by the Federal Reserve in June.