DAYTON HUDSON MAY SALES UP 10.6 PERCENT.MINNEAPOLIS--(BUSINESS WIRE)-- June June: see month. 1, 1995 -- Dayton Dayton, city (1990 pop. 182,044), seat of Montgomery co., SW Ohio, on the Great Miami River where it is joined by the Stillwater River; inc. 1805. It is the trade center for a fertile farm area, but is best known for its involvement with industry, invention, and Hudson Hudson, towns, United States Hudson. 1 Industrial town (1990 pop. 17,233), Middlesex co., E central Mass., on the Assabet River, in an apple-growing region; settled c.1699, inc. 1866. Corporation today reported that its net retail sales for the four weeks ended May 27, 1995, increased 10.6 percent to $1.569 billion from $1.419 billion a year ago. Comparable-store sales were up 4.9 percent from the same period a year ago. "We are satisfied with our May sales performance," said Bob Ulrich
Robert J. Ulrich (born 1944) is the chief executive officer and chairman of the Target Corporation, the sixth-largest retailer in the United States. , chairman and chief executive officer. "Target and Mervyn's sales were on plan for the month and the Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. were slightly above our expectations." As the company anticipated, sales were quite promotional at Mervyn's. May sales by business segment for the four weeks were as follows: Target's total sales increased 13.9 percent and comparable-store sales increased 5.8 percent. Mervyn's total sales increased 3.5 percent and comparable-store sales increased 1.5 percent. The Department Store Division's total and comparable-store sales increased 6.0 percent. Sales for the 17 weeks ended May 27, 1995, were $6.201 billion, up 7.0 percent from $5.795 billion in the same period a year ago. Comparable-store sales for the 17-week period were up 1.5 percent compared to the same period last year. Dayton Hudson Corporation specializes in large-store general merchandise formats, including discount stores, moderate-priced promotional and traditional department stores. At month end, Dayton Hudson operated 973 stores in 33 states. CONTACT: Dayton Hudson Corporation Susan Eich (Media), 612/304-0700 or Sara Ross Ross , Sir Ronald 1857-1932. British physician. He won a 1902 Nobel Prize for proving that malaria is transmitted to humans by the bite of the mosquito. (Investor), 612/370-6735 |
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