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 7/1/08 For wk 6/28 2008 | |||||||||||||||
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Highlights
Same-store chain sales were little changed in the June 28 week, up 0.1 percent week-on-week for a 2.2 percent year-on-year rate that's unchanged from the June 21 period. For the month as a whole, ICSC-UBS pegs growth at 2.0 to 2.5 percent, soft but still a solid reading compared to rates earlier this year. Redbook is up at 8:55 a.m. ET.
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