Comps up 2% in February’s first week
-- Home & Textiles Today, 2/9/2010 7:09:00 AM
First week of February
year-over-year % change
|*Including chain stores and traditional department stores
Source: Johnson Redbook Index
New York – Retail same-store sales were slightly above plan during the opening week of the month, the Johnson Redbook reported today.
Aggregate comps rose 2.0% for the week ended Feb. 6 and were up 1.7% compared to January.
“Retailers continued to clear pockets of winter goods at markdown, although these no longer represented a significant portion of business,” said Catlin Levis, Redbook analyst.
In advance of Super Bowl Sunday, retailers saw solid business in big screen TVs, snack foods, beverages, team apparel and related merchandise, she added.
With Valentine’s Day ahead this Sunday, sales are expected to pick up later in the week.
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