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

ICSC-Goldman Store Sales  
Released On 8/13/2013 7:45:00 AM For wk8/10, 2013
Store Sales - W/W change0.3 %-0.2 %
Store Sales - Y/Y2.5 %2.6 %

Store sales are flat according to ICSC-Goldman whose same-store sales index is down 0.2 percent in the August 10 week. Though the weekly rate has been up and down in recent readings, the year-on-year rate, now at plus 2.6 percent, has been ticking higher with the 4-week average, at 2.4 percent, now at its highest point since mid-June. But components are mixed with department and apparel stores, among others, showing year-on-year improvement, but with discount and electronics stores showing weakness. Redbook will post its results for the August 10 week later this morning at 8:55 a.m. ET while the government will post the July retail sales report at 8:30 a.m.

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]