Research >> Economics
ICSC Chain Store Sales decreased by 0.2% in Sept 27 Wk
The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 3.6% for the week ending September 27 - relative to the prior year. On a week-over-week basis, sales declined slightly by 0.2%.
"Weather generally was not favorable for seasonal demand, but business was brisk for a number of retail segments," said Michael Niemira, ICSC research consultant. "According to the ICSC-GS consumer tracking survey business was very strong for wholesale clubs, dollar stores, electronic stores, apparel stores and discounters - but weak at online only stores, grocery stores and office supply stores. Overall September sales should increase by a healthy 4-5%," he added.
Posted: September 30, 2014 Tuesday 07:45 AM