BTS/BTC gave retailers a boost August

Retail Editor 3, August 30, 2012

New York - In addition to TJX and Ross Stores - which have scored consistent monthly comp gains - several stores that have recently struggled managed to increase same-store sales in August.

The results:

  • Ross Stores: Comps up 8.0%. The company said name brand bargains for back-to-school drove healthy traffic during the month.
  • TJX: Comps up 8.0%, with comps in the Marmaxx Group up 9.0%. The retailer credited strong traffic.
  • Stein Mart: Comps up 5.6%. Linens among the top performers during the month. The company said overall sales were strongest for regularly priced merchandise.
  • Macy's: Comps up 5.1%. The strength was broad-based across merchandise categories as well as geographies and channels.
  • Target: Comps up 4.2 %. Sales were stronger in the second half of the month, primarily due to back-to-school and back-to-college shopping.
  • The Bon-Ton Stores: Comps up 2.2%. A refined assortment and more compelling marketing aided performance, which included growth in home.
  • Kohl's: Comps up 3.4%. The company cited better merchandise content, inventory levels and marketing strategies.
  • Alco: Comps down 0.9%. The drought in the Midwest - the worst in 50 years - partially impacted results.
  • Fred's: Comps down 2.8%. Back-to-school sales got a late start, but put the retailer ahead of its guidance for the month.



Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT Current issue for September 2017

See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!