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    Redbook mm

    Redbook Research Inc.
    10 Waterside Plaza, Suite 5K

    About Johnson Redbook Index 1. The Johnson Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. By dollar value, the Index represents over 80% of the equivalent 'official' retail sales series collected and published by the US Department of Commerce. 2. Redbook compiles the Index by collecting and interpreting performance estimates from retailers. The Index and its sub-groups are sales-weighted aggregates of these estimates. Weeks are retail weeks (Sunday to Saturday). Months are retail fiscal months on the National Retail Federation's 4-5-4 calendar,& may start and end on different days than equivalent calendar months. 3. Seasonally adjusted month-to-month changes are derived from dollar sales estimates, which are the product of the Index and a base of seasonally adjusted department store sales in US dollars (excluding leased departments) reported by the US Department of Commerce for the equivalent year-ago month. The Commerce Department's frequent revisions to this series are not incorporated into the Index except for the annual benchmark revision, which may affect historic monthly changes. 4. Retailer targets are sales-weighted of individual retailers' sales growth