This post first appeared on FloatingPath
Both U.S. weekly store sales indexes increased significantly for the week ending November 30. ICSC-Goldman stated a less optimistic outlook despite the positive sales figures, but Redbook has called this year’s Black Friday a success. Redbook did add however that shoppers seem to be holding back on big ticket items.
The ICSC-Goldman store sales index was up 2.5% from the same week last year, compared to up only 2.1% Y/Y the week prior.
The Redbook store sales index was up 4.9% from the same week last year, compared to up only 3.8% Y/Y the week prior.