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 JACOBS ENGINEERING : Q3 Profit Declines
3m ago SKYMARK AIRLINES : - In talks with Airbus about changing order for A380s
6m ago GENERAL GROWTH PROPERTIES : Q2 FFO Rises 12%; Backs 2014 Outlook
8m ago KOGI IRON : Appendix 3B
8m ago KOGI IRON : Section 708A Notice
8m ago KOGI IRON : Issue of shares and options
8m ago CARNARVON PETROLEUM : Phoenix South-1 Well Update
8m ago QUICKSILVER RESOURCES : Files Application to Export Liquefied Natural Gas from Discovery LNG
14m ago AUSTEX OIL : Company Video Presentation
14m ago NFU NATIONAL FARMERS UNION : Illinois Farmers Union Announce Strong Support for Chicago Ordinance Offering E15 at Self- Service Pumps
Latest news
Advertisement
Hot News 
STADIUM : Buys United Wireless For Up To GBP8 Million Cash And Shares
EL POLLO LOCO : Prices Its Initial Public Offering
FAMILY DOLLAR STORES : Dollar Tree, Inc. : to Acquire Family Dollar Stores, Inc. to Create North America’s Leading Discount Retailer
ARMSTRONG WORLD : Reports Second Quarter 2014 Results
FLOWGROUP : Director/PDMR Shareholding
Most Read News
4h ago MASCO : Delivers Operating Growth in Second Quarter 2014
46m ago DARDEN RESTAURANTS : CEO to step down amid investor pressure, stock jumps
4h ago ELECTRONICS FOR IMAGING : InnoMark Communications Targeting Efficiency in Comprehensive Production with EFI Radius Software
1h agoDJQBE INSURANCE : Warns 1st Half Results Won't Meet Expectations
4h ago SILICON MOTION TECHNOLOGY : Announces Results for the Period Ended June 30, 2014
Most recommended articles
2m ago SKYMARK AIRLINES : - In talks with Airbus about changing order for A380s
26m ago EXCLUSIVE - FLASH SALE SITE RUE LA LA EXPLORES SALE; GILT INTERESTED : sources
26m ago China brands beat global rivals with tea toothpaste & pickled plums
43m ago Crude Oil Aiming Lower, US Dollar Rally Pauses at Six-Week High
46m ago DARDEN RESTAURANTS : CEO to step down amid investor pressure, stock jumps
Dynamic quotes  
ON
| OFF