Hurricane Parade Dampens Sales

September 2004
Home Textiles Today;9/27/2004, Vol. 26 Issue 5, p19
Trade Publication
The article focuses on the decline in sales at various departmental stores in the U.S. Hobbled by hurricanes in the Southeast and weakening sales at department stores as consumers shunned non-essentials and stocked up on basics at discounters, same-store retail sales slowed during the third week of September 2004, rising 2.6 percent, following a 3 percent gain the preceding week, the Johnson Redbook Index reported. Pressuring the index was a slowdown at full-price department stores, where sales edged ahead 0.8 percent, following a 1.8 percent increase. Discounter sales held steady with a 3.8 percent gain, little changed from a 3.9 percent increase the week before.


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