Chain Stores Up 0.3% Last Week

New York, October 5--Sales rose by 0.3 percent in the week ended October 2, compared with a 0.3 percent decline in the previous week, the International Council of Shopping Centers and UBS said in a joint report. Compared with the same week a year ago, sales slowed to a rise of 2.6 percent from the 3.5 percent rise the preceding week. The ICSC-UBS Weekly Chain Store Sales Snapshot is compiled from a group of major discount, department and chain stores across the country that report their weekly results.