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 12/26/07 For wk 12/22 2007 | |||||||||||||||
| |||||||||||||||
Highlights
ICSC-UBS reports a solid surge in the final week before Christmas, with sales rising 2.8 percent both for the Dec. 21 week and for the year-ago comparison. But the report said the gain is not enough to make up for soft sales earlier in the season. The report sees sales for the November-December period up no more than 2.5 percent, modest but still an ICSC-UBS level that would be one of the best of the second half. ICSC-UBS's report contrasts with comments late Monday from discount giant Target which warned that December sales may decline. Redbook is up next.
powered by
![[Econoday]](../../../../../../../../../images/logo.gif){kind=logo}