Chain Store Sales Up 0.1% Last Week

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Chain Store Sales Up 0.1% Last Week

New York, NY, July 10, 2007-- Chain store sales rose 0.1 percent for the week ended July 7 from the prior week, according to the ICSC-UBS Weekly Retail Chain Store Sales Index 

 

Sales were up 2.4% from the year-ago period.

 

"Sales for the fiscal month of June were relatively sluggish, but finished a tad better than how they began," said Michael Niemira, chief economist for the ICSC. For the fiscal month, ICSC is targeting same-store sales growth in a range of about 1.5% to 2%.