Retail Briefs

May 2005
Home Textiles Today;5/9/2005, Vol. 26 Issue 34, p2
Trade Publication
The article presents news related to retail trade business in the U.S. textile industry. The early Easter holiday which bolstered sales in March 2005 had the opposite effect on April, with the Retail Sector Performance Index dropping 7.9 points from March and 8.8 points from last April to a reading of 50.5. Federated Department Stores Inc. reported sales of $3.61 billion for the 13-week first quarter and year to date, up 2.5 percent from total sales of $3.57 billion last year, causing the company to up its first quarter guidance. The company's same-store sales for the period were up 2.6 percent.


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