By  on February 7, 2014

It could have been worse, and it might take a while for it to get better.

That was the message behind reports from retailers Thursday on January and fourth-quarter sales, which combined with 2014 forecasts from the National Retail Federation and Customer Growth Partners to paint a picture of a retail market that is likely to remain intensely promotional and highly vulnerable to the effects of harsh winter weather and a sputtering recovery for at least the first half.

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