Chain Store Sales Up. Online Sales Flat.
Retail
ICSC-Goldman Store Sales
– Store Sales Week/Week +1.3%. Previous was -1.0%
– Store Sales Year/Year +1.7%. Previous was +2.7%
Redbook
– Store Sales Year/Year +3.0%. Previous was +3.4%
One might think that online shopping is taking away from store sales but the Consumer Metrics Absolute Demand Index – a measure of online discretionary sales – has been flat for the last month.