March 11 (UPI) -- After a not-so-merry holiday shopping season, retail sales bounced back in January, beating Wall Street expectations.
Retail sales were up 0.2 percent in January, boosted by online shopping and home centers. Economists predicted a 0.1 percent increase. This comes one month after December sales were down 1.6 percent, the largest drop since the latter days of the recession of 2009. The results were worse than anticipated.