Inclement weather continued to damp chain store sales, which fell 1.0% in the week ended Jan. 29, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released on Tuesday.
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Year-over-year sales were up 1.6%.
“Retailers have experienced a battery of severe storms throughout the month that will tend to accentuate the weather-induced sales weakness, given January is traditionally a low-volume month for sales,” said Michael Niemira, ICSC vice president of research and chief economist.
