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Comps Log Another Positive Week

-- Home Textiles Today, 4/26/2010 12:00:00 AM

Same-store sales softened a bit during the second week of April, but remained in positive territory, the Johnson Redbook reported last week.

The Johnson Redbook Retail Sales Index rose 2.6% after gaining 3.3% the previous week. Comps were up 1.5% in the department store sector and up 3.1% at discounters.

Redbook cited weather variations for mixed results.

“This stop-and-go pattern of spring shopping influenced by weather has been evident for several weeks,” said Catlin Levis, Redbook analyst.

She reiterated — as have other industry watchers — that the shift of Easter into March this year potentially skews results and cautioned March and April should be assessed as a single unit.

Johnson Redbook Index
Second week of April, year-over-year % change

WEEK ENDED 4/10 4/17 4/24 5/1 MONTH TARGET
*Including chain stores and traditional department stores
Source: Johnson Redbook Index
Department stores* 2.0 1.5 1.8 1.3
Discounters 4.1 3.1 3.6 3.6
Redbook Index 3.3 2.6 3.0 2.8

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