| ICSC-Goldman Store Sales |
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Released On 6/26/2012 7:45:00 AM For wk6/23, 2012
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Prior | Actual |
| Store Sales - W/W change | 0.0 % | 2.0 % | | Store Sales - Y/Y | 3.6 % | 2.7 % |
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Highlights
Mixed are the June 23 results from ICSC-Goldman whose same-store sales index surged 2.0 percent week-to-week with, however, year-on-year growth falling to plus 2.7 percent which is down nearly one full percentage point for the lowest rate in three months. Forget about the jump in the week-to-week measure as ICSC-Goldman is warning that June has been a tough month for retailers. Redbook is up next at 8:55 a.m. ET.
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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
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