follow us

Same-store Sales Log Another Positive Week

NEW YORK - The combination of Labor Day sales, back-to-school and East Coast shoppers stocking up on supplies ahead of Hurricane Earl pushed same-store sales up by 3.0% during the first week of September, according to the Johnson Redbook.
     Discounters posted a 3.5% comp gain, while department stores generated an increase of 2.0% for the week ended Sept. 4.
     "Sales continue to be driven by the twin themes of back-to- school and seasonal apparel," said Caltin Levis, Redbook analyst. "Some retailers are nearing the end of their back-to-school calendars, while others expect its impetus to last through the month, reflected in sales of children's clothing and school supplies."

Featured Video