2013 Economic Calendar
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ICSC-Goldman Store Sales  
Released On 3/12/2013 7:45:00 AM For wk3/9, 2013
PriorActual
Store Sales - W/W change0.2 %0.7 %
Store Sales - Y/Y1.8 %1.8 %

Highlights
ICSC-Goldman reports mixed results for the March 9 week with week-to-week same-store sales up 0.7 percent but with the year-on-year rate unchanged at a very soft plus 1.8 percent. The report's year-on-year growth rate is trending near recovery lows. ICSC-Goldman notes that grocery sales were strong in the week as were apparel sales. Redbook, which will post its weekly results later this morning, has been reporting more strength over the last month than ICSC-Goldman.

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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