Research >> Economics
ICSC Chain Store Sales dropped 2% in Sept 19 Wk
The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index dropped 2% in the week ended Saturday from its level a week before on a seasonally adjusted, comparable-store basis.
The drop is the biggest in eight months and comes on weaker traffic, particularly at department stores. ICSC called the slowest for that space since late April. On a year-on-year basis, retailers saw sales rise 0.6% in the latest week
Posted: September 22, 2009 Tuesday 07:45 AM