2008 Economic Calendar
   POWERED BY  econoday logo
Resource Center »  U.S. & Intl Recaps   |   Release Dates   |   Why Investors Care   |   Today's Calendar

Chain Store Sales
Definition
Monthly sales volumes from individual department, chain, discount, and apparel stores are usually reported on the first Thursday of each month. Chain store sales correspond with roughly 10 percent of retail sales. Chain store sales are an indicator of retail sales and consumer spending trends.  Why Investors Care

Highlights
Chain stores reported mostly strong results in November that point to strength for the non-auto, non-gas category of next Thursday's retail trade report from the Commerce Department. Wal-Mart, which makes up about 9 percent of the non-auto, non-gas category and whose results over the past several holidays have closely matched total results, showed a solid 5.4 percent total store gain and a solid 1.4 percent same-store gain, up nicely from October. Cold weather gave an important boost to retailers who had suffered through two very warm prior months, but some retailers, especially discounters, noted that lower income consumers are concentrating on staples and not on discretionary goods. Views were mixed on Black Friday with some pointing to heavy traffic and good results but others complaining about light traffic and soft results. Note that press reports on Black Friday appear to have been overly optimistic.

2007 Release Schedule
Released On: 1/4 2/8 3/8 4/12 5/10 6/7 7/12 8/9 9/6 10/11 11/8 12/6
Released For: Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov


 
powered by [Econoday]