Econoday Economic Report: ICSC-Goldman Store Sales November 13, 2012

2012 Economic Calendar

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ICSC-Goldman Store Sales

Released On 11/13/2012 7:45:00 AM For wk11/10, 2012

	Prior	Actual
Store Sales - W/W change	-0.2 %	0.7 %
Store Sales - Y/Y	1.4 %	1.8 %

Highlights
Getting a boost from post-hurricane restocking in the Northeast, same-store sales rose 0.7 percent in the November 10 week according to ICSC-Goldman. The reports note particular strength in grocery sales during the week. Yet the report's year-on-year rate, at plus 1.8 percent, remains soft though it is up four tenths from the prior week. Redbook will post its results later this morning at 8:55 a.m. ET.

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