November Comps Helped by Halloween Calendar Shift

Home Textiles Today Staff -- Home Textiles Today, 12/13/2010 5:29:51 AM

NEW YORK - Last-minute Halloween shopping helped push comps up 2.6% during the first week of November, according to the Johnson Redbook.
     Same-store sales in the discount segment rose 3.1% during the week ended Nov. 6, while comps for the department store group increased 1.6%.
     Month over month, comps were flat.
     As even casual observers have noted, retailers have gone promotional with their holiday offerings earlier than usual. "Some stores are already in a rush to cut prices and are extending store hours," said Catlin Levis, Redbook analyst.