US DATA: ICSC says “U.S. chain store sales posted a 2.6 percent
year-over-year comparable-store gain for August 2010 according to the
International Council of Shopping Centers (ICSC). Luxury was the
strongest segment (+6.6%). The performance was somewhat uneven and was
negatively impacted by abnormally warm weather, which curbed fall
merchandise demand, and lower drug prices.” ICSC projects Oct will post
+2.5% to +3% trend growth YOY.