Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

ICSC/Goldman Sachs Chain Store Sales Down 1.6%

09/17/2013 | 08:26am US/Eastern
Recommend:
0

The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index slipped 1.6% in the week ended Saturday from the previous week on a seasonally adjusted, comparable-store basis.

"The industry's sales performance during this past week essentially reversed last week's positive sales jump," said Michael Niemira, ICSC vice president of research and chief economist."However, despite that volatility, business was stronger in a number of key segments--drug, department, discount wholesale, electronics and specialty stores--compared with the same week of the prior year."

For September, ICSC Research anticipates that monthly sales will to grow by about 4%--about in line with the 3.6% pace for August.

On a year-on-year basis, the weekly reading was up 3.2%.

Write to Ben Fox Rubin at ben.rubin@wsj.com

Recommend :
0
React to this article
Latest news
Date Title
3m ago CHINA FUND : Reports third quarter results
3m ago ARC EXPLORATION : Geophysical Analysis and Targeting at Dobroyd Junee Project
3m ago EZRA : Asset Acquisitions And Disposals :: Proposed Consolidation Of Ezra's Offshore Support Services Business And Its Shareholding In Eoc
3m ago SUN RESOURCES NL : Trading Halt
7m agoDJFletcher Building to Exit Australian Copper Tube Manufacturing
8m ago RUBICON RESOURCES : to purchase PacMoz Mozambique
12m agoDJPRESS RELEASE : The Conference Board Leading Economic Index(R) (LEI) for Australia Increased
18m ago NOVA LIFESTYLE : Announces over 200% Increase in Online Sales Through Alibaba’s B2C Site TMall and JD.com in China
18m ago CHINA VANKE : property hard sell intensifies in bid to lift sagging sector
18m ago CHINESE PEOPLE : Democratic shoes that fit
Latest news
Advertisement
Hot News 
DIXONS CARPHONE : UK's EE to buy 58 stores from Phones 4u for 2.5 million pounds
REGENERSIS : *panmure cuts regenersis price target to 403 (502) pence - 'buy'
Lipocine to Host Conference Call and Webcast to Discuss Top-Line Results From the Phase 3 Study of LPCN 1021
ASCENA RETAIL : Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A"). (form 10-K)
NORTHBRIDGE INDUSTRIAL SERVICES : Profit Up; Raises Funds In Placing As It Buys Rest Of Tasman
Most Read News
2h ago ALCO STORES : Nasdaq stocks posting largest volume increases
1h ago New U.S. tax rules chill 'inversion' deal-making; shares dive
1h ago STARBUCKS COFFEE JAPAN : buying full control of Japan unit for $914 million
1h ago HOME DEPOT : data breach triggers fraudulent transactions: WSJ
2h ago COSMO COMMUNICATIONS : Cosmopolitan disses its former centerfold in Senate race
Most recommended articles
5d ago Main Italian lenders took 23 billion euros of cheap ECB cheap
7m agoDJFletcher Building to Exit Australian Copper Tube Manufacturing
12m agoDJPRESS RELEASE : The Conference Board Leading Economic Index(R) (LEI) for Australia Increased
28m ago Citizens Financial's IPO prices below expected range at $21.50
32m ago EUR/USD TECHNICAL ANALYSIS : Short Trade Remains in Play
Dynamic quotes  
ON
| OFF