May comps off to a steady start
-- Home Textiles Today, 5/12/2009 8:46:00 AM
First
week of May year-over-year % change
| Week ended | 5/9 | 5/16 | 5/23 | 5/30 | Month | Target |
| *Including chain stores and traditional department stores Source: Johnson Redbook Index |
||||||
| Department stores* | -6.9 | -6.9 | -7.1 | |||
| Discounters | 4.8 | 4.8 | 4.6 | |||
| Redbook Index | 0.3 | 0.3 | 0.2 | |||
New York -- Same-store sales rose 0.3% during the first week of May following a 0.3% gain the prior week, the Johnson Rebook Retail Sales Index reported today.
Discounters had a robust first week, with comps up 4.8% handily besting a 2.6% gain in the first week of May 2008. Department stores posted another tough week, with comps sliding 6.9%; in the same period last year, department store comps rose 1.0%.
“Warm weather has helped stores move horticultural products, apparel and other seasonal items,” said Catlin Levis, Rebook analyst.
“Discounters also reported steady business in food. Trade in Mother' day items like flowers, cosmetics, accessories, jewelry and small appliances, while brisk, did not necessarily boost the annual growth rate since the event occurred at the same time last year,” she said.
Month-over-month was a 0.1% gain relative to April (compared to a targeted 0.1% drop).
We would love your feedback!
-
May Comps Off to a Steady Start
May 18, 2009 -
Comps lackluster in September’s third week
Sep 22, 2009 -
Redbook: Sales soften for second week in a row
May 27, 2009
Featured Company
-
Brandwise Inc.
Brandwise serves a model - not just an industry - by integrating, automating, and optimizing the entire sales channel, from wholesale Suppliers to their Reps and the Retailers they service. In short, our software helps Reps and Suppliers sell more and create... more
