By Chelsey Dulaney 
 

The Weekly Retail Chain Store Sales Index fell 0.4% in the week ended Saturday from the previous week on a seasonally adjusted, comparable-store basis, according to data compiled by Goldman Sachs and Retail Economist LLC.

"Housing-related retail spending at furniture and home-improvement retailers has been consistently leading the industry and the past week's performance was no different," according to Michael Niemira, chief economist of Retail Economist. He added that unfavorable weather leading up to Memorial Day weekend also likely contributed to the week-over-week softness.

On a year-to-year basis, the weekly reading increased 3%.

The index was previously called the International Council of Shopping Centers and Goldman Sachs Retail Chain Store Sales Index.

 
 Week Ended Index Yr/Yr Change Weekly Change 
 23-May-15  571.1    3.0%          -0.4% 
 16-May-15  573.6    2.3%          -1.2% 
 09-May-15  580.5    2.1%          -1.7% 

Write to Chelsey Dulaney at chelsey.dulaney@wsj.com