ICSC/Goldman Sachs Chain Store Sales Fall in Latest Week

The International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index fell 1.4% in the week ended Saturday from the previous week on a seasonally adjusted, comparable-store basis.

"Business was a bit more mixed this past week, with electronic stores leading the way from a performance standpoint," according to Michael Niemira, ICSC vice president of research and chief economist. "The good news is that consumers are continuing to get a break at the pump, which will free up their ability to spend on back-to-school purchases."