Econoday Report: ICSC-UBS Store Sales 30, 2007

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ICSC-UBS Store Sales

Definition
This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales. Why Investors Care

Released on 1/30/07 For wk 1/27 2007

Store Sales - W/W change
Actual	-0.9%
Previous	0.1 %

Store Sales - Y/Y
Actual	4.9%

Highlights
The burst of cold hitting the nation has turned what was a warm January into a cold January, especially in comparison to last January which was unusually warm. The result has been strong results for seasonal items, according to ICSC-UBS's same-store tally that showed a very strong 4.9 percent year-on-year pace in the Jan. 27 week -- the third straight reading near 5.0 percent. Week-on-week sales, a less significant reading, dipped 0.9 percent. Redbook is up next.