Chain Store Sales Up Over Last Year

New York, NY, Sept. 21, 2010--Chain store sales for the week ended Sept. 18 rose 3.3% from the year-earlier period, according to a survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs.

However, compared to the previous week, sales fell 1.4%.

"Sales over the last week were mixed with some retailers being helped by the weather, while others were not, making the overall results for the week very uneven," said Michael Niemira, ICSC's chief economist.

He forecast September sales to rise about 3%.