Econoday Report: ICSC-Goldman Store Sales September 15, 2009

ICSC-Goldman Store Sales

Released on 9/15/2009 7:45:00 AM For wk9/12, 2009

	Prior	Actual
Store Sales - W/W change	0.6 %	0 %
Store Sales - Y/Y	-0.1 %	1.6 %

Highlights
Mild weather, easy comparisons and increased consumer demand make for an upbeat ICSC-Goldman report. Week-to-week sales were unchanged in the Sept. 12 week but the year-on-year rate jumped into positive ground, at 1.6 percent for the best showing in a year. Retail sales for August will be posted at 8:30 ET followed by Redbook's tally for the Sept. 12 week at 8:55.

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