You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #7: When all else fails, blame the weather [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-01-05 07:12 AM
Response to Original message
7. When all else fails, blame the weather
Weather saps retailers' sales in final week of May

WASHINGTON (MarketWatch) -- U.S. retail chains' same-store sales slipped 1.0% in the week ended May 28 compared to the prior week, according to the latest data compiled by the Interational Council of Shopping Centers and UBS. Compared to the same week last year, retailers' same-store sales clocked in higher by 3.1%. While conceding that unseasonably cool weather hit retailers' results, "the industry performed reasonably well over the past four weeks," said Mike Niemira, ICSC chief economist. The industry group affirmed its forecast calling for monthly sales growth of 3.0% to 3.5% on a same-store basis.
Printer Friendly | Permalink |  | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC