follow us

May comps hit their mark

Retail Editor 3 -- Home Textiles Today, June 1, 2011

New York - Aggregate same-store sales came in on plan, according to the Johnson Redbook.
Comps were up 3.9% for the month, with same-stores in the final week of May (ended May 28) up 3.6% overall, with a boost from Memorial Day sales.
In the month's last week, the department store segment posted a 3.9% comp gain year-over-year, while the discount channel generated a 3.5% gain.
"The grocery division led business at most discount stores. Department stores reported strength in merchandise related to school graduation such as women's wear, men's wear, footwear and women's accessories," said Catlin Levis, Redbook analyst.
Redbook's preliminary target for June is year-over-year growth of 3.3%.



Featured Video

Other Home Furnishings Sites

Casual Living
Furniture Today
Gifts and Decorative Accessories
Home Accents Today
Kids Today
HFN - Home Furnishings News