US DATA: Redbook for Sep 25 wk: “Retailers reported mixed results
for the week, with pockets of relative strength combining with weakness,
but the overall effect was below plan month-to-date as consumers
continued to shun cool weather merchandise due to warm weather. Soft
lines, especially seasonal apparel, were hit hardest. Discount stores
held up on their broader merchandise bases, suggesting sales driven by
every day domestic demand in the absence of a clear seasonal or other
trend. Stores reported modest business in Halloween merchandise. Some
retailers said shopping for the event starts earlier and generates more
sales volumes each year.”
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Year-over-year: Week (w/e 09/25/10 vs year-ago) 2.5%
Year-over-year: Month (September 2010 vs September 2009) 2.6%
Month-over-month: (September 2010 vs August 2010) -0.4%