Same-store sales log another positive week
Lane Harvey Brown -- Home Textiles Today, September 8, 2010
New York - The combination of Labor Day sales, back-to-school and East Coast shoppers stocking up on supplies ahead of Hurricane Earl pushed same-store sales up by 3.0% during the first week of September, according to the Johnson Redbook.
Discounters posted a 3.5% comp gain, while department stores generated an increase of 2.0% for the week ended Sept. 4.
"Sales continue to be driven by the twin themes of back-to-school and seasonal apparel," said Caltin Levis, Redbook analyst. "Some retailers are nearing the end of their back-to-school calendars, while others expect its impetus to last through the month, reflected in sales of children's clothing and school supplies."
Industry Related Content
Celebrity Branding at NY Home Fashions Market