Econoday Economic Report: ICSC-Goldman Store Sales December 15, 2009

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ICSC-Goldman Store Sales

Released On 12/15/2009 7:45:00 AM For wk12/12, 2009

	Prior	Actual
Store Sales - W/W change	-1.3 %	0.4 %
Store Sales - Y/Y	2.6 %	2.4 %

Highlights
The last-minute holiday shopping rush has begun, giving a 0.4 percent week-to-week lift to ICSC-Goldman's same-store tally for the Dec. 12 week. The report's year-on-year rate, at plus 2.4 percent, fell 2 tenths in the week, now at the low end of a two-month trend. 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