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 7/15/08 For wk 7/12 2008 | |||||||||||||||
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Highlights
Strong demand for basic goods continues to boost retail sales, according to ICSC-UBS's report for the July 12 week. Sales were up 0.2 percent week-on-week for a steady and respectable +2.2 percent year-on-year pace. Retail sales for June will be released at 8:30 a.m. ET.
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