Comps Log Another Positive Week
April 26, 2010-- Home Textiles Today,
Same-store sales softened a bit during the second week of April, but remained in positive territory, the Johnson Redbook reported last week.
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.
Johnson Redbook Index
Second week of April, year-over-year % change
|*Including chain stores and traditional department stores
Source: Johnson Redbook Index
Related Content By Author
DayThree from the NY Textiles Market