Another Sound Week for Comps
Home Textiles Today Staff -- Home Textiles Today, 8/2/2011 5:57:37 AM
NEW YORK - Same-store sales rose 3.8% during the second week of July after climbing 4.6% the previous week, according to the Johnson Redbook.
Johnson Redbook Index
Second week of July, year-over-year % change
*Including chain stores and traditional department stores
Comps in the department store sector rose 3.1% while same-store sales in the discount channel increased 4.1%.
"Sales pulled back in the latest week," said Redbook analyst Catlin Levis. "July is typically a trendless, transitional and clearance month. Intra-month volatility should persist as companies pursue their individual promotion calendars."
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