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Highlights
ICSC-Goldman's same-store retail index ended six straight weeks of gains, down 0.1 percent in the Nov. 7 week to mask a plus 2.9 percent year-on-year rate that's the best since August last year. ICSC, which stands for the International Council of Shopping Centers, often conducts special surveys, and their latest indicates that shoppers plan to put off holiday shopping until the Friday after Thanksgiving, which the report said is now being dubbed "Bargain Friday" instead of "Black Friday," the latter referring to the first day of retailer profitability. The report, as others, expects year-on-year rates to continue to improve as retailers lap comparisons with last year's deep recession. Redbook will post their results at 8:55 ET.
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