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Comps log another positive week

Second week of April  year-over-year % change

Week ended 4/10 4/17 4/24 5/1 Month Target
*Including chain stores and traditional department stores
Source: Johnson Redbook Index
Department stores* 2.0 1.5 1.8 1.3
Discounters 4.1 3.1 3.6 3.6
Redbook Index 3.3 2.6 3.0 2.8



New York – Same-store sales softened a bit during the second week of April, but remained in positive territory, the Johnson Redbook reported today.

The Johnson Redbook Retail Sales Index rose 2.6% after gaining 3.3% the previous week. Comps were up 1.5% in the department store sector and up 3.1% at discounters.

Redbook cited weather variations for mixed results.

“This stop and go pattern of spring shopping influenced by weather has been evident for several weeks,” said Catlin Levis, Redbook analyst.

She reiterated – as have other industry watchers – that the shift of Easter into March this year potentially skews results and cautioned March and April should be assessed as a single unit.

 

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