June same-store sales gain steam   

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 -2.7 -1.8 -2.5 -2.4
Discounters 5.2 5.3 5.5 5.3 5.9
Redbook Index 2.1 2.3 2.8 2.4 2.8

New York – Same-store sales continued to pick up strength in the third week of June, with the gap starting to close between the month-to-date gain of 2.4% and the goal of a 2.8% gain, the Johnson Redbook reported today.

After a slow start, both discounters and department stores have seen improved performance as the five-week retail month proceeds.

Month-over-month comps are tracking 0.7% below May, compared to the targeted drop of 0.3%.

“Several retailers reported renewed strength in seasonal soft and hard lines in department stores,” said Redbook analyst Catlin Levis.

“Summer arrived last Saturday bringing warmer weather across much of the country. The hot weather and stimulus checks seem to be bringing some growth back into women’s wear, including women's specialty apparel stores, an improvement compared to the lackluster May demand,” Levis said. “Discount stores are also seeing improvement in their seasonal apparel sales.”

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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