Executive Briefings

Outlook for Retail Same Store Sales Growth Improves

For the fourth month in a row, 27 retailers tracked by ForecastIQ show improved forecasts for same-store sales, with 18 now expecting growth. Indicators show the recovery is broadening, but the consumer mindset is still fragile with about 30 percent confident/very confident in the chances for a strong economy, suggesting that retailers still should tread lightly.

ForecastIQ is a service of Prosper Technologies.

Total Numbers for Retailers Tracked

 

 

 

 

 

APR-2010

MAR-2010

FEB-2010

JAN-2010

Almost certain increase*

8

5

4

4

Likely increase

10

7

8

4

Flat

1

4

0

4

Likely decline

4

4

9

4

Almost certain decline

4

7

6

11

*An "almost certain increase" indicator for April means that in May and June, retailers are almost certain to experience same store sales growth from the same period a year ago. March indicators were for April and May, etc.

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For the fourth month in a row, 27 retailers tracked by ForecastIQ show improved forecasts for same-store sales, with 18 now expecting growth. Indicators show the recovery is broadening, but the consumer mindset is still fragile with about 30 percent confident/very confident in the chances for a strong economy, suggesting that retailers still should tread lightly.

ForecastIQ is a service of Prosper Technologies.

Total Numbers for Retailers Tracked

 

 

 

 

 

APR-2010

MAR-2010

FEB-2010

JAN-2010

Almost certain increase*

8

5

4

4

Likely increase

10

7

8

4

Flat

1

4

0

4

Likely decline

4

4

9

4

Almost certain decline

4

7

6

11

*An "almost certain increase" indicator for April means that in May and June, retailers are almost certain to experience same store sales growth from the same period a year ago. March indicators were for April and May, etc.

Read Full Article