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
<1m ago NIKE : LeBron James wows fans in Hong Kong with basketball skills in latest stop on China tour
<1m agoDJBP : 2Q 2014 -- Forecast
<1m ago RESEARCH AND MARKETS : Belarus Oil & Gas Report 2014 - Trends, Market Opportunities and Outlook to 2025
1m ago DELTA AIR LINES : quarterly profit rises, aided by U.S. demand
1m ago UNITIL : Reports Second Quarter Earnings
1m ago RYDER SYSTEM : Reports Record Second Quarter 2014 Results
3m ago RYANAIR : To Appeal EU Commission's EUR10 Million State Aid Penalty
3m ago PAN ASIA MINING : Retirement of non-executive director
3m ago PROSPERITY H K : Delay in Despatch of Circulars in Relation to (1) the Acquisition of Land Uses Rights in Binhai County, Jiangsu Province, the PRC and (2) the Provision of Financial Assistance to Guangdong Sendao Group Limited
3m ago NORTH MINING SHARES : Update on suspension of trading
Latest news
Advertisement
Hot News 
EUROPEAN ISLAMIC INVESTMENT BANK : Euro Islamic Inv Bnk - Proposed appointment of CFO and Executive Director
PENNA CONSULTING : Quarterly Revenue And Profit Ahead Of Expectations
RAPIDCLOUD : To Acquire Exxelnet For GBP950,000 In Cash And Shares
INDIGOVISION : IP video security solutions from IndigoVision help secure the University of York
SERABI GOLD : Declaration of commercial production at Palito and second quarter operations update
Most Read News
1d ago SAMSUNG ELECTRONICS : Apple revenue lags Street's view despite strong China growth
1d ago WHOLE FOODS MARKET : reg; creates 150 jobs in the Palm Desert community
1d ago MICROSOFT : sees end to Nokia losses, shares rise after hours
1d ago ALBANY : Schumer, Gillibrand, Tonko Announce Nearly $4 Million to Rehabilitate Runway at Albany International Airport
1d ago FIAT : Chrysler recalls older Jeep SUVs for ignition switch issues
Most recommended articles
6d agoDJU.S. Industrial Production-Historical
1m ago DELTA AIR LINES : quarterly profit rises, aided by U.S. demand
4m ago GLAXOSMITHKLINE : GSK CEO says significant interest in auction of mature drugs
5m ago Bank of England's Carney sees conflicting signals from jobs market
7m ago BELL ALIANT : Canada's BCE to take unit Bell Aliant private
Dynamic quotes  
ON
| OFF