Same-store sales steady if not sizzling              

Week ended 6/7 6/14 6/21 6/28 7/5 Month Target
*Including chain stores and traditional department stores
Source: Johnson Redbook Index
Department stores* -3.0 -3.0 -2.4
Discounters 5.2 5.2 5.9
Redbook Index 2.1 2.1 2.8

New York – Same-store sales closed out the four-week retail month of May with a convincing 2.0% rise last week, to end with a 1.8% gain for the month, just beating the target of 1.7%, the Johnson Redbook reported today.

May comps were 1.9% over April, in line with that goal.

Department stores were ahead of plan throughout May, and finished with a comp gain of 0.9%, beating the 0.7% target. Discounters rallied just enough to meet plan. In neither channel was home textiles a major positive factor.

“The week was supported by the Memorial Day holiday, which left its imprint in strong sales of food,” said Redbook analyst Catlin Levis. “Grocery divisions led business at most discount stores.”

“Department stores did report activity in merchandise related to school graduation such as women's wear, men's wear, footwear and women's accessories,” she added.

“Looking forward,” said Levis, “our preliminary plan for June is for year-over-year growth of 0.9% leading to a monthly change against May of -2.1%. This target will be finalized in next week's report. Retail June is a five-week month ending on July 5. The month contains two shopping events, Father's Day and Independence Day.”

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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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!