| ICSC-Goldman Store Sales |
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Released On 7/24/2012 7:45:00 AM For wk7/21, 2012
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Prior | Actual |
| Store Sales - W/W change | 0.0 % | 1.0 % | | Store Sales - Y/Y | 2.6 % | 3.3 % |
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Highlights
Cooler weather in the July 21 week helped drive sales of fall apparel and of back-to-school goods, lifting ICSC-Goldman's same-store sales index by a solid 1.0 percent. The year-on-year rate of plus 3.3 percent is the best in five weeks. Still, the report describes sales as generally choppy and uneven across retail categories. Redbook will post its results later this morning at 8:55 a.m. ET.
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Definition
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
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