Comps made decent progress last week
Home Textiles Today Staff -- Home Textiles Today, 8/14/2012 1:31:57 PM
New York - Same-store sales rose 1.8% during the second week of August following a 2.0% increase the previous week, according to the Johnson Redbook Retail Sales Index.
Comp in the discount store channel was up 2.5% while the increase in the department store segment was 0.5%.
"Clearance activity is expected to decline rapidly over the next few weeks depending on individual transition programs," said Catlin Levis, Redbook analyst.
She noted differing school calendars across the country affects the timing of back-to-school activity. Shoppers are still buying closer to need, she added.
"Meanwhile, with some markets that have gone back-to-school, stores reported a positive response to the new merchandise and traditional back-to-school apparel categories," said Levis.
We would love your feedback!