Exact(1)
Sales at stores open at least a year, or same-store sales, an important indicator in retailing, fell 2.3percentt.
Similar(7)
But the most important indicator is sustained growth in retail sales.
In retailing, Royal Ahold is a world leader.
"We're in retailing!" he said.
There is no Toyota in retailing".
Same-store sales, a key indicator of retail performance, jumped 5% in the quarter.
Disappointing readings from other indicators, such as the 0.2% drop in retail sales and the 1.4% fall in factory orders in the second quarter, plus the lowest Manufacturing PMI for three years in July, suggests that the US economy has lost considerable growth momentum so far this summer.
Sales at Filene's Basement stores open at least a year, an indicator of retail health known as same-store sales, fell 9.8percentt in the three months ended Jan.
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