Econoday Report: ICSC-Goldman Store Sales April 7, 2009

ICSC-Goldman Store Sales

Released on 4/7/2009 7:45:00 AM For wk4/4, 2009

	Prior	Actual
Store Sales - W/W change	1.1 %	0.6 %
Store Sales - Y/Y	-0.2 %	-0.3 %

Highlights
Sales improved in the April 4 week, up 0.6 percent from the prior week, but remain weak at a year-on-year pace of -0.3 percent. ICSC-Goldman reports some pullback at discount chains but strength at ultra-discount dollar stores. The report expects sales for the full month of March to prove flat to 1 percent lower. Redbook is up at 8:55 a.m. ET.

Definition
This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales. Why Investors Care