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 3/11/08 For wk 3/8 2008 | |||||||||||||||
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Highlights
Retail sales in March have gotten off to a slow start, according to ICSC-UBS's weekly tally which shows a 1.6 percent year-on-year rate. But it's February sales, not those for March, that are the focus of attention, that is Thursday's monthly retail sales report. Redbook's take on the first week of March is up at 8:55 a.m. ET.
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