Outlook for Retail Same Store Sales Growth Improves | SupplyChainBrain

Outlook for Retail Same Store Sales Growth Improves

May 11, 2010

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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