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

|By:, SA News Editor
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.