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ICSC Retail Store Sales: -5.4% W/W, vs. +1.2% last week. It's the largest weekly decline in data...

ICSC Retail Store Sales: -5.4% W/W, vs. +1.2% last week. It's the largest weekly decline in data going back to 1989. +2.8% Y/Y, vs. +5.3% last week. Warm weather, and its negative effect on seasonal goods, is apparently behind the fall; weak consumer sentiment isn't mentioned.
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Comments (6)
  • OptionManiac
    , contributor
    Comments (3340) | Send Message
     
    Wife reports piles of winter jackets going unwanted in Macy's.
    10 Jan 2012, 08:07 AM Reply Like
  • jwbrewer
    , contributor
    Comments (317) | Send Message
     
    "weak consumer sentiment isn't mentioned" -WTF kind of economic reporting is this? Are we back to blaming weather, earthquakes, Europe, and tidal waves if there is some bad economic news?
    10 Jan 2012, 08:08 AM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    I still blame the Tsunami in Japan and the wedding of those Brits.
    10 Jan 2012, 09:41 AM Reply Like
  • Conventional Wisdumb
    , contributor
    Comments (1802) | Send Message
     
    I blame Bush.
    10 Jan 2012, 11:10 AM Reply Like
  • Conventional Wisdumb
    , contributor
    Comments (1802) | Send Message
     
    "Chain-store sales came crashing back in the January 7 week according to ICSC-Goldman's same-store sales tally which plunged 5.4 percent for the largest weekly decline in data going back to 1989."

     

    That's quite the open phrase.
    10 Jan 2012, 11:15 AM Reply Like
  • Josh ODonnell
    , contributor
    Comments (229) | Send Message
     
    I blame Obama
    10 Jan 2012, 03:13 PM Reply Like
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