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 5/30/07 For wk 5/26 2007 | |||||||||||||||
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Highlights
ICSC-UBS's chain store index was unchanged week-to-week for the May 26 week but the year-on-year pace rose 2.9 percent vs. 1.9 percent in the prior week. Despite the year-on-year gain, the report nevertheless described sales as soft. Redbook is up next.
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