2008 U.S. Economic Events & Analysis
Resource Center »  U.S. & International Recaps   |   Release Dates   |   Why Investors Care    |   Today's Calendar

Chain Store Sales
Definition
Monthly sales volumes from individual department, chain, discount, and apparel stores are usually reported on the first Thursday of each month. Chain store sales correspond with roughly 10 percent of retail sales. Chain store sales are an indicator of retail sales and consumer spending trends.  Why Investors Care

Highlights
Chain stores reported very strong sales in June, a month helped by tax rebates and warm weather and one that looks very much like May -- that is indicating wide month-to-month strength in non-auto categories. Discounters did especially well in the month as consumers convert tax rebates into basic goods. Wal-Mart, as usual, led the group with a stunning 9.9% year-on-year gain in total U.S. sales for its best monthly showing in 2-1/2 years. How long these sales can remain this strong of course is seriously in question as tax rebates phase out over the next month or so. Still, today's reports fill out what has proven to be a very solid quarter for the nation's retailers.

2008 Release Schedule
Released On: 1/10 2/7 3/6 4/10 5/8 6/5 7/10 8/7 9/4 10/8 11/6 12/4
Released For: Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov


 
powered by [Econoday]
Legal Notices | © Copyright 2000 -2008 Econoday, Inc.