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March 6, 2012

Chain Store Sales Up. Online Sales Flat.

March 6, 2012

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.