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

ICSC-Goldman Store Sales

Released on 7/7/2009 7:45:00 AM For wk7/4, 2009

	Prior	Actual
Store Sales - W/W change	1.6 %	0.1 %
Store Sales - Y/Y	0.6 %	0.5 %

Highlights
Chain-store sales were mildly firm in the July 4 week, according to ICSC-Goldman which reports a 0.5 percent year-on-year pace for a 0.1 percent week-on-week gain. 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