October Ends with Comp Gains
Home Textiles Today Staff -- Home Textiles Today, 12/11/2010 6:31:54 AM
Johnson Redbook Index
Fourth week of October, year-over-year % change
*Including chain stores and traditional department stores
Source: Johnson Redbook Index
NEW YORK - Same-store sales during the final week of October mostly hit their mark, according to the Johnson Redbook.
The Johnson Redbook Index for the week ended Oct. 30 was up 2.5%, with discounter comps rising 2.8% and department store comps up 1.7%.
Comps for the month of October were up 2.6% year-over- year and up 0.2% over September.
"Halloween business was on target according to most retailers, boosting volume at those stores which cater to it but also keeping shoppers away from stores which don't," said Catlin Levis, Redbook analyst.
Since Halloween fell one day later this year and on a Sunday - Redbook's weekly calendar ends on Saturdays - some related sales will be shifted to this week, she noted.
"Meanwhile, holiday merchandise is beginning to be displayed in stores as retailers are promoting earlier than usual," said Levis.
Redbook's preliminary target for November is for 2.8% year-over-year same-store growth, generating a monthto-month gain of 0.2% versus October.
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...