The International Council of Shopping Centers, in its ICSC-Goldman Same Store Sales report, indicated that same store sales were down for the week ending 5/25/2013. On a Y/Y basis, same store sales declined three tenths of one percent to 2.8 percent. Overall, the report was discouraging. It reported that retailers, in general, did not get […]
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Major Retailers See A 3.1% Rise In Weekly Sales
Earlier today the ICSC-Goldman Store Sales gauge showed a 3.1 percent increase over the prior week. The report attributed the rise to pent-up demand following the previous week’s weak report, and to the warm weather throughout much of the country. Unfortunately, the gain does little to lift its full month outlook which is flat to […]