Retail sales figures for January are in, and the picture is not pretty for most retailers out there. According to the International Council of Shopping Centers, sales dropped by 1.6% in January, which was actually a little better than the 2 to 3% dip analysts had been expecting, but still marking the fourth straight month sales have shrunk.

While most retailers are facing hard time, Wal-Mart (NYSE: WMT) actually had a sales increase in the month. As consumers tighten up their spending, and look for cheaper products, it doesn’t really come as much of a surprise that shoppers are heading into Wal-Mart stores, which typically have the reputation of lower prices.

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