May Comps Off to a Steady Start
May 18, 2009,
Same-store sales rose 0.3% during the first week of May following a 0.3% gain the prior week, the Johnson Rebook Retail Sales Index reported today.
"Warm weather has helped stores move horticultural products, apparel and other seasonal items," said Catlin Levis, Rebook analyst.
"Discounters also reported steady business in food. Trade in Mother' day items like flowers, cosmetics, accessories, jewelry and small appliances, while brisk, did not necessarily boost the annual growth rate since the event occurred at the same time last year," she said.
Month-over-month was a 0.1% gain relative to April (compared to a targeted 0.1% drop).
Johnson Redbook Index
First Week of May, year-over-year % change
|*Including chain stores and traditional department stores
Source: Johnson Redbook Index