2013 Economic Calendar
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Redbook  
Released On 4/9/2013 8:55:00 AM For wk4/6, 2013
PriorActual
Store Sales Y/Y change3.5 %2.5 %

Highlights
Store sales slowed in the big week following Easter, down 1 full percentage point for Redbook's same-store year-on-year reading to plus 2.5 percent for the April 6 week. Redbook notes that sales in the month of April will be held down by this year's earlier Easter which gave a boost to March. But March, for Redbook's sample, ended up below plan though still shows a solid gain of 0.8 percent that points to strength for Friday's ex-auto ex-gas reading in the government's retail sales report. There will be more data on March ahead of Friday's report with chain stores scheduled to report their monthly results on Thursday.

Definition
A weekly measure of comparable store sales at chain stores, discounters, and department stores. Redbook tracks week-to-week change, month-to-date change, and year-on-year change with the latter the most closely watched reading. The report offers early indications on ex-auto ex-gas retail sales.  Why Investors Care
 
 

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