Weekly Comps Continue to Rise
Staff Staff -- Home Textiles Today, March 22, 2010
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
|*Including chain stores and traditional department stores
Source: Johnson Redbook Index
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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