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 10/7/08 For wk 10/4 2008 | |||||||||||||||
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Highlights
Chain-store sales popped up in the Oct. 4 as cold weather raised demand for seasonal goods. ICSC-Goldman's same-store sales index rose 0.1 percent in the week for a still very weak 1.3 percent year-on-year pace. ICSC-Goldman sees no better than a flat to 1.0 percent gain for September as a whole. A run of chain stores will post their monthly sales results on Thursday. Redbook is up next.
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