Thursday, July 25, 2013

Industry News: National

According to the International Council of Shopping Centers Chain Store Sales Trends, June final year-over-year comparables store sales rose by 4.1% , the strongest showing since January’s 4.5%. The tally was based on 13 retailers. L Brands (Limited) was flat, Gap rose 7.0%, Costco gained 5.0%, Rite Aid was up 0.7%, and Walgreen’s rose 2.5%.  See our sales report on Page 4...Taco Bell has become the first national fast food chain to drop kid's meals, saying it will discontinue the toy and food combos at some locations this month and across the brand by next year. Taco Bell is owned by Yum Brands, which also owns KFC and Pizza Hut.

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