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More on ICSC Retail Store Sales

  • ICSC reports retail sales fell off last week despite warmer temperatures across the U.S.
  • Though traffic was on the light side, a few categories showed improvement. Sales at wholesale clubs (COST, PSMT) and furniture stores (PIR, BBBY, LZB, RH, ETH, HVT) continued to show more resiliency in 2014 to weather than broad retail.
  • ICSC forecasts February comp sales will improve 3%-3.5% Y/Y.
Comments (1)
  • svhonalee
    , contributor
    Comments (4) | Send Message
     
    I am pretty sure that all of the PSMT stores are in the Caribbean or Central and South America so how could cold weather in the USA reduce their sales?
    25 Feb 2014, 08:31 PM Reply Like
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