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 9/18/07 For wk 9/15 2007 | |||||||||||||||
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Highlights
ICSC-UBS reports a 1.1 percent week-to-week decline in same-store chain store sales, a steep fall that does not change the firm year-on-year pace of 2.9 percent. Data are for the Sept. 15 week. The report downplayed the significance of the week-to-week decline, calling sales mixed. Redbook is up later this morning.
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