Chain Store Sales down post-Black Friday.
Chain Store Sales
ICSC-Goldman Store Sales (week ended 12/1/2012)
– Store Sales – Week/Week -3.1%. Previous was +3.3%
– Store Sales – Year/Year 3.2%. Previous was +4.0%
Redbook (week ended 12/1/2012)
– Store Sales Year/Year +2.1%. Previous was +4.5%.
Last week was a hangover for chain stores which are so heavily invested in the hype for Black Friday.