Weekly Retail Sales Soar Y/Y in ICSC-UBS and Redbook Surveys

Retail sales advanced by their biggest margin so far this year, advancing 2.9% on a year-over-year basis in the week ending Aug. 2, according to a weekly survey from the International Council of Shopping Centers (ICSC) and UBS Securities. Similarly, the Johnson Redbook retail survey recorded a 3.5% gain in ...