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ICSC-Goldman Store Sales
Released On 3/11/2014 7:45:00 AM For wk3/8, 2014
PriorActual
Store Sales - W/W change0.3 %1.3 %
Store Sales - Y/Y1.5 %2.1 %

Highlights
After a very soft run through the last half of February, ICSC-Goldman's same-store sales index bounced up solidly in the March 8 week, jumping 1.3 percent vs the prior week for a year-on-year rate of plus 2.1 percent which is up 6 tenths from the prior week. The report notes special strength in the West where unusually warm temperatures drove up sales for seasonal goods. Redbook, which reported soft sales through the whole month of February, will be posted 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
 

 

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