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Zephyr

12/17/13 9:13 AM

#623855 RE: Zephyr #623854

Redbook
Released On 12/17/2013 8:55:00 AM For wk12/14, 2013
Prior Actual
Store Sales Y/Y change 2.6 % 2.9 %
Highlights
Redbook's same-store sales tally has been weak the last two weeks, at a year-on-year plus 2.9 percent in the December 14 week following an unusually low plus 2.6 percent in the prior week. Redbook cites heavy weather in the Northeast as a negative factor in the latest week. Gift cards are another negative factor, at least for the pre-holiday period as sales are generally not recorded until after gift cards are redeemed. There's still one more shopping weekend to go before Christmas but so far, December in Redbook's sample is trending 1.4 percent below November.