ICSC-Goldman Store Sales Report

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ICSC-Goldman Store Sales
Released on 1/20/2010 7:45:00 AM For wk1/16, 2010  
                                           Prior     Actual
Store Sales - W/W change -3.0 %  2.0 %
Store Sales - Y/Y                  1.7 %  2.6 %


Highlights
Strength at discounters helped to boost ICSC-Goldman's same-store sales tally by 2.0 percent in the Jan. 16 week, boosting the year-on-year pace to plus 2.6 percent for the strongest pace since early December. But the report warns that January is a low volume month and is easily affected by small swings in demand. Citing low inventories and lack of consumer demand, ICSC-Goldman expects the month as a whole to be flat to up 1.0 percent.