Memorial Day Spurs Sales

June 2005
Home Textiles Today;6/13/2005, Vol. 26 Issue 39, p20
Trade Publication
The article reports that with the nation's department stores getting a lift from strong Memorial Day sales, which offset some weakness at mass merchants, same-store retail sales came in modestly ahead of plan during the first week of June 2005, rising 3.3 percent and besting a target of 3.2 percent growth. Same-store sales in full-price department stores climbed 2.8 percent, easily exceeding targeted growth of 2.4 percent. But discounters missed their target during the week, with sales rising 3.6 percent, just shy of a targeted 3.7 percent increase.


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