Chain Store Sales Down Last Week 1.6%

New York, NY, Feb. 17, 2010--U.S.chain store retail sales fell 1.6% the week of Feb. 13.

Compared to a year ago, the International Council of Shopping Centers chain store index was down 0.7% in the latest week, having risen 1.8% the week before.

ICSC Research, which measures sales representing about 75 retail chain stores, said it expects same-store sales for February to rise by about 2%.