follow us

Same-store sales hit growth target

NEW YORK — Helped by stronger fashion assortments at the nation's department stores, as well as sales of warm-weather merchandise, same-store retail sales came in modestly ahead of plan during the second week of May, rising 4.8 percent from year-ago levels, and improving on a 4.7 percent increase the week before.

For the two weeks month-to-date, May sales are up 4.7 percent from last year's level, slightly ahead of a targeted gain of 4.6 percent, the Johnson Redbook Retail Sales Index reported. Month-over-month, sales so far in May are up 0.7 percent from April levels, compared with a targeted 0.6 percent increase.

The overall index was buoyed by the continued resurgence at the nation's department stores. Sales in that full-price channel of distribution climbed 2.9 percent during the week, improving on a 2.5 percent increase the preceding week. Measured on a month-to-date basis, department store sales are running ahead of plan, with a 2.7 percent increase besting a target of 2.3 percent.

Featured Video

  • Online Moves From Afterthought To Main Thought For Textiles Suppliers

    Camera Icon More Videos

Other Home Furnishings Sites

Casual Living
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Furniture Today