January comes to a mushy end

HTT Staff -- Home Textiles Today, 2/1/2011 3:17:58 PM

New York - Retailers were blaming Old Man Winter for a soft 1.8% uptick in comps last week, according to the Johnson Redbook.
Comps were stronger in the department store sector, up 2.2%, than in discount, up 1.5%, during the week ended Jan. 29.
For the month, comps rose 2.3%, just missing Redbooks 2.6% target.
Redbook analyst Catlin Levis noted February contains three major events: the Super Bowl, Valentine's Day and President's Day.
"Our preliminary target is for year-over-year same store growth of a 1.8% gain," she said.