Spring Merch Lifts Comps
Home & Textiles Today Staff -- Home Textiles Today, April 7, 2012
NEW YORK - Sales of seasonal products helped boost same-store sales 3.3% during the second week of March following a 3.0% gain the previous week, according to The Johnson Redbook Retail Sales Index.
Comps in the department channel rose 2.1%, while same-store sales in the discount sector increased 3.9%.
"Sales were mixed to modestly firmer in the second week," said Redbook analyst Catlin Levis.
She added: "Many retailers have planned for a back-loaded month, with seasonal business expected to improve in the second half due to gradually warming temperatures and the gravitational pull of the early Easter holiday, which is typically a catalyst for spring sales."
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