Econoday Report: ICSC-UBS Store Sales 21, 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 2/21/07 For wk 2/17 2007

Store Sales - W/W change
Actual	-0.1%
Previous	-0.8 %

Store Sales - Y/Y
Actual	3.5%

Highlights
Heavy weather held down retail sales in the Feb. 17 week, according to ICSC-UBS's same-store index which fell 0.1 percent week-on-week to a year-on-year pace of 3.5 percent. The 3.5 percent pace, down from 3.9 percent in the prior week, is the second lowest for this index so far this year. Redbook, whose tally has been showing a slower rate of growth, will post its results later this morning.