Research >> Economics
ICSC Chain Store Sales increased by 0.7% in Sept 6 Wk
The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 4.0% for the week ending September 6 - relative to the prior year. On a week-over-week basis, sales popped up by 0.7%.
"According to the ICSC-GS consumer tracking survey business over the past week was healthy overall and strong for department, apparel, discount, electronics and furniture stores," said Michael Niemira, ICSC research consultant. "September tends to have the third highest volume in sales during the year, capturing the last of the back-to-school shopping and fall merchandise demand. I expect sales for the month to continue to show a healthy trend - increasing by 4% to 5%," he added.
Posted: September 9, 2014 Tuesday 07:45 AM