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ICSC-UBS Store Sales
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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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| Released on
9/11/07
For
wk 9/8 2007 |
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Store Sales - W/W change
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| Actual |
0.3%
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| Previous |
0.2
%
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Store Sales - Y/Y
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Actual
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2.9%
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Highlights
ICSC-UBS reports an uptick in same-store sales for the Sept. 8 week, up 0.3 percent from the prior week for a year-on-year rate of 2.9 percent. The report said hot weather boosted sales of clearance and seasonal goods. The data won't affect expectations for Friday's Commerce Department report on August retail sales. Redbook is up next.
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