October comps better than expected
-- Home Textiles Today, 11/3/2009 7:25:00 AM
Fourth
week of October year-over-year % change
| Week ended | 10/10 | 10/17 | 10/24 | 10/31 | Month | Target |
| *Including chain stores and traditional department stores Source: Johnson Redbook Index |
||||||
| Department stores* | -1.9 | -2.9 | -2.1 | -2.1 | -2.0 | -2.1 |
| Discounters | 2.1 | 1.9 | 2.4 | 2.2 | 2.2 | 1.6 |
| Redbook Index | 0.6 | 0.5 | 0.7 | 0.7 | 0.7 | 0.3 |
New York – Comp sales for October exceeded target, the Johnson Redbook reported today.
The Johnson Redbook Retail Sales Index for the month showed a comp gain of 0.7% compared to a target of 0.3%. It was just the second time the Index has shown a positive comp for the month since October 2008. The other positive month, April, showed a comp increase of 0.5%.
Comps in the fourth and final week of the month rose 0.9% driven primarily by a 2.6% increase at discount stores. Department store comps fell 2.1% for the week.
“Halloween business was satisfactory, although its effects were not uniform given the difference in retailers’ exposure to this merchandising driver,” said Catlin Levis, Redbook analyst.
Compared to September, sales in October rose 1.9%.
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-
October Comps Better than Expected
Nov 9, 2009 -
Comps positive, but slightly off the mark
Feb 2, 2010 -
Christmas week comp sales down slightly
Dec 30, 2008
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