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Chain Stores Post Gains for July

U.S. chain stores posted a 4.4 percent gain in sales for July on a year-over-year basis. The International Council of Shopping Centers reports the uptick is the strongest gain since January’s 4.5 percent increase. The group expects the upward trend to continue in August with sales in the 4.5 to 5 percent range, as more […]

U.S. chain stores posted a 4.4 percent gain in sales for July on a year-over-year basis. The International Council of Shopping Centers reports the uptick is the strongest gain since January’s 4.5 percent increase. The group expects the upward trend to continue in August with sales in the 4.5 to 5 percent range, as more customers will complete their back-to-school shopping.

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