That report of a week-over-week sales gain comes from the International Council of Shopping Centers and Goldman Sachs, which today released seasonally adjusted data on U.S. chain store retail sales. The ICSC expects same-store sales for the full month of July to be down by 5.5% from the prior year. Reuters July 21, 2009
U.S. Same-Store Sales Rose 0.5% Last Week
Bricks-and-Mortar, Research, Trends, Forecasts
Comments Off
Jul 212009
Same-Store Sales at Most Retailers Drop in January
Bricks-and-Mortar, Research, Trends, Forecasts
Comments Off
Feb 052009
Retail sales fell 1.8 percent in January, according to Retail Metrics, a research firm Factoring out Wal-Mart’s trend-bucking 2.1 percent increase, the industry-wide sales decline would have been 5.6 percent. Department stores and mall retailers fared especially badly. The New York Times Feb. 5, 2009
No Xmas Miracle; Retailers Report Dismal Holiday Sales
Bricks-and-Mortar, Research, Trends, Forecasts
Comments Off
Jan 082009
Retail sales fell 2.2 percent for the November/December holiday shopping season, the biggest decline in almost 30 tears, according to the International Council of Shopping Centers. The 1.7% drop in December sales came on the heels of a 2.7 percent decline during the previous month, as consumers fretted about tightened budgets and job insecurity. Luxury department stores like Neiman Marcus, Bergdorf Goodman and Nordstrom, plus many non-anchor, mall-based retailers experienced double digit sales declines. The New York Times Jan. 8, 2009
Dec 052008
“The International Council of Shopping Centers … described November’s figures as the weakest in more than 35 years. Declines were recorded in every retail segment the group tracks, with the biggest coming from department stores…” where sales were down 13.3 percent compared with November a year ago, and specialty apparel retailers, where sales were down 10.4 percent.” Same store sales at chains that did not make use of unprecedented discounting got hammered. The New York Times Dec. 5, 2008
