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 7/31/07 For wk 7/28 2007 | |||||||||||||||
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Highlights
Store sales firmed in the July 28 week, as measured by ICSC-UBS's index which showed a sharp 1.1 percent week-to-week increase for a still moderate 3.2 percent year-on-year pace. Boosting sales were markdowns, promotions and back-to-school demand. ICSC-UBS's data have been showing stronger results in July than Redbook which will be released at 8:55 a.m. ET.
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