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Weekly Comps Continue to Rise

Same-store sales showed another solid gain during the second week of March, rising 3.3% on top of a 3.1% increase a week earlier, the Johnson Redbook reported last week. Until this month, weekly comps had not shown an increase of 3.0% or better since April 2007.

Comps at discounters were up 3.8%, and department stores saw a 2.5% gain.

“During the week itself, sales were somewhat volatile day-to-day, largely the result of weather-related swings affecting customer traffic counts in different regions,” said Catlin Levis, Redbook analyst.

Johnson Redbook Index
Second week of March, year-over-year % change

WEEK ENDED 3/6 3/13 3/20 3/27 4/3 MONTH TARGET
*Including chain stores and traditional department stores
Source: Johnson Redbook Index
Department stores* 2.3 2.5 2.4 2.9
Discounters 3.6 3.8 3.7 4.1
Redbook Index 3.1 3.3 3.2 3.7

Seasonal goods ranging from spring apparel to lawn & garden products saw strong sales, she added.

“Many retailers planned for a back-loaded month,” said Levis, with sales “expected to rise steadily into the Easter weekend.”.

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