U.S. Store Sales Boosted By Back-To-School Shoppers

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U.S. store sales showed modest gains last week. Stores received a boost from back-to-school shoppers with many school years starting earlier in the South this year, and unseasonably cool weather also encouraged spending. However, discount stores continued to struggle.

The ICSC-Goldman store sales index is now up 2.4% from a year ago (4 week MA), unchanged from the week prior.

The Redbook store sales index is now up 3.4% year over year (4 week MA), also unchanged from the week prior.

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Via: floatingpath.com

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