Store sales slipped during the week ending October 5 for reasons likely at least partially related to the U.S. federal government shutdown. Both weekly store sales reports cite weakness across most segments and hold a pessimistic October outlook.
The ICSC-Goldman store sales index is now up 1.8% year over year compared with up 2.1% Y/Y the week prior.
The Redbook store sales index is now up 3.3% year over year compared with up 3.8% Y/Y the week prior.
Gates Cap Management Reduces Risk After Rare Down Year
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy Read More
Via: floatingpath.com
