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 2/5/08 For wk 2/2 2008 | |||||||||||||||
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Highlights
ICSC-UBS pegs same-store sales for the week of Feb. 2 at a year-on-year pace of +1.6%, ending what it describes as the softest January on record. Week-to-week sales, a comparison often distorted by calendar and seasonal factors, were up 1.7 percent. Redbook is up next.
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