ICSC-Goldman Store Sales

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ICSC-Goldman Store Sales
Released on 1/12/2010 7:45:00 AM For wk1/9, 2010  
Prior Actual
Store Sales - W/W change 1.5 % -3.0 %
Store Sales - Y/Y 2.5 % 1.7 %


Highlights
Limited clearance merchandise made for a 3.0 percent week-to-week decline in ICSC-Goldman's same-store tally in the Jan. 9 week for a soft 1.7 percent year-on-year growth rate. The report said consumers are bargain conscious: "... if it is not on sale and the consumer does not need it, they will not make the purchase." Given a lack of the bargains, ICSC-Goldman is targeting January year-on-year sales at flat to up 1 percent. Redbook is up at 8:55 a.m. ET.