NEW YORK CITY-Same-store sales rose 2.6% year over year in July, keeping in line with the growth in the retail industry over the last few months. However, individual sectors last month were more mixed, with certain types of stores performing stronger and others taking sharper declines, according to the International Council of Shopping Centers’ monthly survey.

Apparel fell 4.4% during the month, performing more poorly than in June, when those chains only dropped 0.5%. Gap Inc., sliding 7%, and Chico’s FAS, dipping 6.7%, took the biggest hit, but others were not far behind. Ross Stores, up 1%, was the only apparel chain in the survey to record a gain.

Department stores, which were up 2.8%, posted a gain compared to their 2.5% loss in June. J.C. Penney, a chain with negative results over the last three months, bounced back, shooting up 10.8%. Dillards posted the largest loss, a 6% slide, which was more than it’s year-to-date monthly average decline of 4.3%.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.