2013 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar

ICSC-Goldman Store Sales
Released On 4/2/2013 7:45:00 AM For wk3/30, 2013
PriorActual
Store Sales - W/W change-1.7 %4.7 %
Store Sales - Y/Y1.0 %1.9 %

Highlights
ICSC-Goldman's same-store sales index shot up 4.7 percent in the March 30 week but in a rebound boosted by weakness in the prior week, weakness that backed up demand for Easter-related goods. Year-on-year, ICSC-Goldman's tally remains very soft at only plus 1.9 percent. The report notes that cold weather hurt sales of spring apparel in the week. Chain stores will post their March sales a week from Thursday.

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
 
 

powered by  [Econoday]