Comps positive, but slightly off the mark
-- Home Textiles Today, 2/2/2010 6:51:00 AM
Fourth week of January
year-over-year % change
|*Including chain stores and traditional department stores
Source: Johnson Redbook Index
New York – Same-store sales posted another gain in the final week of January but the 1.0% increase for the month missed the target of 1.2%,” the Johnson Redbook reported today.
During the week ended Jan. 30, comps rose 0.8%, making each week in January one for positive comp increases. Discounter comps rose 2.2% while department store comps fell 2.1%. Month-over-month, comps declined 1.5% compared to December.
“Stores were satisfied with their inventory position. Many claim that better ivnetory management this year has allowed them to discount less aggressively than was the case last January,” said Catlin Levis, Redbook analyst.
Retailers are looking forward to three major events in February: Super Bowl Sunday, Valentine’s Day and President’s Day. Redbook has set a preliminary target this month for year-over-year comp growth of 1.0%.
We would love your feedback!
Most Recent Resources
- Getting the most out of offline leads
- Free Shipping and the Importance of Onsite Promotion
- Should Branded Manufacturers Participate in Flash Sales?
- Rugs 101 - Special Edition
- How Big Is Your Label
- Choosing a Web Site Developer
- Convergence: Tie Your Online & Offline Experience...
- Social Networks to Social Shopping
- Why Brands and Their Retailers are Facebook’s Biggest...
- Web Based Intelligence Gathering
- The Future of Tablets
- Shopatron: Bicycles & eCommerce
- A Guide to Holiday eCommerce Success
- Mattress Buying 101 - Connecting with Consumers
- Designing Your Brand’s Website for eCommerce
- Global Sourcing in 2010: Doing More With Less
- Comparing Four Options for Turning Web Site Traffic into...
- Are You Prepared for the 2009 Holiday Season? A Branded...
- Design, Develop, Deliver: The Three D's to Digitally...