Holidays Help Same-Store Sales

February 2005
Home Textiles Today;2/28/2005, Vol. 26 Issue 25, p15
Trade Publication
The article reports that same-store retail sales advanced 2.9 during the third week of February, improving on a 2 percent increase the week before, according to the Johnson Redbook Index. Sales in the week were influenced by spring promotions, Valentine's Day and the holiday weekend. Like other secular celebrations, Valentine's Day continues to grow in importance. However, the big boost, especially for department stores, came from President's Day sales, with most stores reporting business that was on or above-plan, which offered additional opportunities to clear remaining winter inventories.


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