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February Same-Store Sales

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February looked better than previous months. According to ICSC's index, same-store sales were down 0.1 percent (pdf, membership req.) according to its index of 35 chains. Meanwhile, Retail Forward's look at the numbers indicates a 0.4 percent rise. (A pdf with chain-by-chain results can be downloaded here).

According to ICSC, luxury stores again led the decline--down 19.2 percent. Department stores were down 9.8 percent and apparel chains were down 7.9 percent. Discount stores, meanwhile, were up 3.1 percent and Wholesale clubs were up 5.0 percent.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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