2016 Economic Calendar
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Redbook  
Released On 4/5/2016 8:55:00 AM For wk4/2, 2016
PriorActual
Store Sales Y/Y change1.5 %0.6 %

Highlights
Redbook's sample same-store sales in the April 2 week were up a soft 0.6 percent year-on-year following the prior week's stronger 1.5 percent gain. Same-store sales for the month of March were up 0.8 percent compared to March of last year, below the Johnson Redbook target estimate of a 1.1 percent gain. The report notes that the sluggish results for the week reflect seasonal softness after Easter week sales and difficult comparisons with last year due to this year's early Easter (March 27 versus April 5). Compared month-to-month, March stores sales through the April 2 week were up 3.1% from February.

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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