2008 U.S. Economic Events & Analysis
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ICSC-UBS Store Sales
Definition
This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales.  Why Investors Care

Released on 1/2/08 For wk 12/29 2008
Store Sales - W/W change
 Actual -0.2%  
 Previous 2.8 %  
   
Store Sales - Y/Y
  Actual 2.3%  

Highlights
ICSC-UBS's report for the Dec. 29 week shows a 0.2 percent week-on-week slip for a 2.3 percent year-on-year rate vs. 2.8 percent in the prior week. The report said the slippage isn't a surprise given strength in prior weeks. ICSC-UBS has been giving a stronger picture of holiday sales than its rival Redbook, which will be posted this morning at 8:55 a.m. ET.


 
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