Retail Index Takes a Drop

August 2005
Convenience Store News;8/29/2005, Vol. 41 Issue 11, p16
Trade Publication
The article reports that the retailers in the U.S. were not happy in June 2005, as their evaluation of current business conditions dropped to 94.6, an all-time low. Though not as dramatic as the decline in current business conditions, the index of future business conditions dropped in August 2005 as well, from 95.5 in May 2005 to 92.6 in June 2005. Supermarket and convenience (c)-store retailers were almost even in their predictions of increasing store counts. Among c-store operators, it should come as no surprise that gas prices are expected to have the most impact on sales. While tourism usually boosts c-store gas sales at this time of year, these operators are divided as to whether higher prices will keep consumers closer to home.


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