2014 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar

ICSC-Goldman Store Sales
Released On 4/8/2014 7:45:00 AM For wk4/5, 2014
PriorActual
Store Sales - W/W change3.6 %1.5 %
Store Sales - Y/Y0.6 %1.5 %

Highlights
Same-store sales picked up a sharp 1.5 percent in the April 5 week vs the prior week but remain very soft on a year-on-year basis, also at plus 1.5 percent. The 4-week average for the year-on-year rate is only plus 1.3 percent which, next to early February, is the lowest rate of the recovery. Still, sales in the latest week were strong and were given a lift by the approach of Easter. Redbook, whose indications have been comparatively less soft that ICSC-Goldman, 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
 
 

powered by  [Econoday]