Same-Store Retail Sales Open November On Positive Note

Redbook's same-store index ended October and opened November on a positive note, up 5.5 percent from a year ago in the November 2 week versus the mid-to-low 4 percent range of the prior three weeks. Nevertheless, the prior weakness compares with 5 and 6 percent growth rates in September and is not a favorable indication for next week's retail sales report.