By and and  on February 2, 2012

Be it the unseasonably warm weather or the spendthrift consumer, stores weighing in with January comparable-store sales were caught somewhat flat-footed as shoppers kept their wallets closed.

“Traffic has been tough,” said David Bassuk, managing director and head of AlixPartners’ global retail practice. “The consumer wants to spend money, but they need to be enticed.”

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