ICSC-Goldman's Store Sales Report Positive, Redbook Report Shows Steady Sales

Low gasoline prices helped chain stores in the November 15 week, according to ICSC-Goldman's same-store sales tally which rose 0.2 percent for a year-on-year rate of 2.2 percent. ICSC-Goldman estimates that gasoline prices, down 81 cents per gallon since early July, have saved consumers about $90 billion at an annual rate since early July.

...meanwhile...

Store sales were steady in the November 15 week according to Redbook's same-store tally where the year-on-year rate came in at plus 3.9 percent, little changed from the prior week. But month-over-month, Redbook is showing weakness so far at minus 0.9 percent. But November is back loaded with much of the month's sales coming in during Black Friday.