The ICSC Blog

January 6, 2011
by smalcolm
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December US Store Sales Post 3.1% Gain–Holiday Sales Up 4%; Strongest Since 2006

Based on ICSC's preliminary tally of 32 retail chains, same-store sales rose by 3.1% in December (lower than the expecation of 3.5%), but missed the media "hype" about how strong the month has been. The month's performance was good, but uneven with apparel specialty stores feeling more promotional pressures and some indicated weather issues that…