US DATA: wk 29-Sep Redbook: “Some retailers said that the outbreak
of cooler weather in much of the country is driving demand for fall
apparel and has bolstered foot traffic in malls, although not all
retailers agree with this view. Looking ahead, October is a four-week
month ending October 27th. Columbus Day in the second week matches the
timing of the year ago holiday and presents no comparison issues. Our
preliminary target for October based on retailers’ plan, is for sales of
2.2% year-over-year, which equates to a month-over-month drop of 1.0%.”
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Year-over-year: Week (w/e 09/29/12 vs year-ago) 2.3%
Year-over-year: Month (September 2012 vs September 2011) 2.4%
Month-over-month: (September 2012 vs August 2012) 1.6%