U.S. Retail same store sales
for the week ended July 27 fell 0.4 percent from a month ago,
according to the Instinet Research Redbook weekly sales report.
Sales at stores open at least a year, or same-store sales,
rose 0.9% from the same week a year earlier, the report said.
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Same-store sales are considered the best measure of a
retailer’s results because they exclude the effect of store
openings and closing in the past year.
Bloomberg News
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