Same-store sales make the grade

NEW YORK — Though hampered somewhat by cooler weather, which chilled some sales of seasonal apparel, same-store retail sales nudged up slightly ahead of plan during the first week of June, the Johnson Redbook Index reported.

Same-store sales advanced 5.2 percent over their year-ago level, besting a target of 5.1 percent growth, with both full-price department stores and mass merchants topping their targets.

Department stores, still gaining on the strength of improved fashion assortments in seasonal apparel, grew 3.3 percent, compared with a target of 3.2 percent. Mass merchants rose 6.4 percent, coming in ahead of a planned 6.3 percent.

Measured on a month-over-month basis, sales came in 0.7 percent above May, compared with a target of 0.6 percent.

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See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!