Tuesday, December 8, 2015
Same Store Retail Sales Back To Trend
Redbook's sample slowed back down to trend in the December 5 week with
same-store year-on-year sales at a soft plus 1.9 percent. This compares
with an outsized 3.9 percent surge in the prior week that was tied to
unusually strong Black Friday growth for Redbook's sample. The report
notes that the latest week, though mixed, did get a lift from this
year's earlier Hanukkah. Redbook expects December sales to hold steady
before picking up in the third and fourth weeks of the month.
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