Research >> Economics
ICSC Chain Store Sales increased by 0.1% in Sept 20 Wk
The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 4.1% for the week ending September 20 - relative to the prior year. On a week-over-week basis, sales increased 0.1%.
"According to the ICSC-GS consumer tracking survey business over the past week was strong for apparel stores, dollar stores, wholesale clubs and discounters. Business was also strong at electronic stores - possibly buoyed by the release of Apple's iPhone 6," said Michael Niemira, ICSC research consultant. "September is a high-volume month and I expect sales to continue to show a healthy trend - increasing by 4-5%," he added.
Posted: September 23, 2014 Tuesday 07:45 AM