Fourth Week Comps Better Than Expected

Cooling weather across much of the country helped comp store sales, which fell just 2.2% during the fourth week of September after a 2.6% drop a week earlier, the Johnson Redbook reported last week.

Compared to August, comps nudged up 0.4%.

"Several retailers suggested that the drop in temperatures this week may have provided the impetus they sought," said Catlin Levis, Redbook analyst. "With back-to-school programs now largely complete, most stores are reporting that business was better than expected, with clean sell-through."

Discounters' comps were nearly flat, down 0.4% compared to a targeted drop for the month of -1.2%.

"Discount stores held up better on their broader merchandise bases and did their best business in consumer staples, suggesting sales were driven by everyday domestic demand," said Levis.

Department stores improved from the previous week, with a 5.3% decline in comps following a 6.0% drop a week earlier.

Johnson Redbook Index
Fourth week of September, year-over-year % change

WEEK ENDED 9/5 9/12 9/19 9/26 10/3 MONTH TARGET
*Including chain stores and traditional department stores
Source: Johnson Redbook Index
Department stores* -5.3 -4.8 -6.0 -5.3 -5.4 -5.8
Discounters -0.7 -0.2 -0.6 -0.4 -0.5 -1.2
Redbook Index -2.4 -1.9 -2.6 -2.2 -2.3 -2.9
Home Textiles Today Staff | News & Commentary

Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Research Store

Featured Video

Subscribe to
Home Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT November 2017 cover

See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs.  Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.  See details!