Same-Store Sales Limp to End of April

May 2005
Home Textiles Today;5/9/2005, Vol. 26 Issue 34, p15
Trade Publication
The article focuses on the overall retail sales that have weakened progressively. Softening steadily throughout the month, discounter sales edged up just 1.1 percent during the week, after starting the month on a stronger note with a 1.7 percent gain. In a remarkable shift, department stores outperformed discounters during each of the four weeks of April, and during the closing week of the month pushed comps higher 1.5 percent. Department store sales, while stronger, still missed their target, with a monthly gain of 1.6 percent final week saw a continuation of the trend that has persisted throughout the month, as unseasonably cool weather dampened demand for spring goods.


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