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ICSC Chain Store Sales Flat In Aug 8 Wk
The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index was flat in the week ended Saturday from its level a week before on a seasonally adjusted, comparable-store basis. On a year-on-year basis, retailers saw sales increase 0.4% in the latest week.
Michael P. Niemira, ICSC chief economist, said sales were helped by the later back-to-school period start and 10 states that had later sales-tax holidays this year
Posted: August 11, 2009 Tuesday 07:45 AM