The International Council of Shopping Centers (ICSC) and investment bank Goldman Sachs reported today that the growth of retail sales at chain stores slowed during the most recent week. The findings were documented in the ICSC-Goldman Sachs Chain Store Index which reported a 1.5% decline in store sales growth for the week ending July 10, 2010.
The overall growth was still positive, measuring 3.2% over the same period last year. To view more information from ICSC please follow this link: http://www.icsc.org/homepage/research_article.php?id=171
About ICSC: Founded in 1957, the International Council of Shopping Centers (ICSC) is the global trade association of the shopping center industry. Its 60,000 members in the U.S., Canada and more than 80 other countries include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.
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