2008 U.S. Economic Events & Analysis
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ICSC-Goldman 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 7/8/08 For wk 7/5 2008
Store Sales - W/W change
 Actual 0.2%  
 Previous 0.1 %  
   
Store Sales - Y/Y
  Actual 2.3%  

Highlights
Chain-store sales continue to look solid, the latest evidence from ICSC-UBS which pegs week-to-week same-store sales growth in the July 5 week at 0.2 percent for the best year-on-year pace in two months of 2.3 percent. The report expects full month sales for June to rise 2 to 2.5 percent, which would be another strong showing that would make for solid quarterly results in the second quarter. Redbook is up next followed Thursday by reports from chain stores themselves.


 
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