Research >> Economics
ICSC Chain Store Sales increased by 0.6% in Aug 23 Wk
The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 4.2% for the week ending August 23 - relative to the prior year. On a week-over-week basis, sales increased 0.6%.
"According to the ICSC-GS consumer tracking survey business was strong across the board - especially for wholesale clubs, apparel stores, discounters, dollar stores, and furniture stores - as consumers continued their back-to-school shopping," said Michael Niemira, ICSC research consultant. "I expect sales for August to show a healthy gain of 4-5% - a notable improvement over the 3.6% gain in August 2013," he added
Posted: August 26, 2014 Tuesday 07:45 AM