Comps keep the pace
July 27, 2010-- Home Textiles Today,
New York - Business held steady at retail last week, according to the Johnson Redbook.
Comps rose 2.7% for the week ended July 24, keeping pace with the prior week. The discount channel logged a 3.4% same-store sales increase, with department store comps rising 1.1%.
"Hot temperatures brought customers into the stores," said Catlin Levis, Redbook analyst. "Others reported sluggish business and unmotivated consumers, suggesting little more than the usual mid-July doldrums."
With the back-to-school season underway, children's apparel is leading the way for some retailers, she said. However, demand for the category "is not expected to replace summer seasonal business until August."
Related Content By Author
Industry Related Content
Online Moves From Afterthought To Main Thought For Textiles Suppliers