A slow period of store sales for the week ending October 20. The ICSC-Goldman reported sales are up 2.9% year over year, compared to 2.7% last week, but the Redbook is now only up 1.3% Y/Y, down from 1.8% last week. This is the weakest the Y/Y figure has been from the Redbook since July, and prior to that the lowest reading since January of 2010.
Goldman reports that unseasonably warm weather offset the gains from declining gas prices for the week. Redbook continues to trend lower, but analysts seem hopeful for strong Halloween sales.