Research >> Economics
ICSC Chain Store Sales increased by 0.1% in Oct 4 Wk
The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 3.9% for the week ending October 4 - relative to the prior year. On a week-over-week basis, sales increased by 0.1%.
"Weather was favorable for seasonal apparel demand, as temperatures cooled some nationally," said Michael Niemira, ICSC research consultant. "According to the ICSC-GS consumer tracking survey business was strong for wholesale clubs, dollar stores, electronic stores, apparel stores and discounters. Overall September sales should increase by a very strong 5-6%," he added.
Posted: October 7, 2014 Tuesday 07:45 AM