July Comps Hit Their Mark
September 2, 2010,
NEW YORK - Facing favorable year-over-year comparisons, the fi nal week of July fi nished out on plan, according to the Johnson Redbook. Same-store sales for the week ended July 31 rose 3.1%, led by discounters with an aggregate 3.6% comp increase while department stores logged a 2.1% gain.
Johnson Redbook Index
Fourth week of July, year-over-year % change
*Including chain stores and traditional department stores
The full month showed a 2.9% increase compared to July 2009, which was on target.
As back-to- chool shopping gets going in earnest, Rebook is projecting a preliminary target of 3.3% comp growth in August and 1.5% month-over-month growth compared to July.
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