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Comps Soften Slightly

NEW YORK - Same-store sales rose 4.0% during the second week of May, according to the Johnson Redbook.
     The discount sector's comps were up 4.2%, while the department store group saw a 3.5% lift.
     "Some retailers said the pace of sales was uneven, slowing down in the middle of the week but picking up and finishing stronger into the weekend. Other retailers blamed the weather for the soft tone," said Catlin Levis, Redbook analyst.
     She added: "Retailers are looking for an improvement in seasonal business as warmer weather, graduation season and the Memorial Day holiday draw closer."

Johnson Redbook Index
Third week of October, year-over-year % change

WEEK ENDED

5/7

5/14

5/21

5/28

MONTH

TARGET

Department stores*

4.9

3.5

  

4.2

3.5

Discounters

4.5

4.2

  

4.4

4.0

Redbook Index

4.7

4.0

  

4.3

3.9

*Including chain stores and traditional department stores
Source: Johnson Redbook Index

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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