April Tells Tale of Two Retail Segments

Hogsett, Don
May 2005
Home Textiles Today;5/9/2005, Vol. 26 Issue 34, p16
Trade Publication
The article focuses on retail trade. Soaring gas prices took their toll on those least able to afford them during April, and the pain was felt at the places where they shop, the nation's big discounters, where same store sales dried up. Hardest hit was ShopKo Stores Inc., where same-store sales plunged 12,8 percent, worsening after a 3,6 percent drop the month before. Mid-tier retailers turned in a mixed but mostly predictable performance, with the historically strong getting stronger and the habitually weak, still weak,


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