Elder-Beerman Reports September Sales.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--Oct. 11, 2001 Sales for The Elder-Beerman Stores Corp. (Nasdaq:EBSC EBSC Elder-Beerman Stores Corp. EBSC East Bay Sanctuary Covenant (Berkeley, CA) EBSC Embedded Bitmap Scaling EBSC Elmbrook Swim Club (Brookfield, Wisconsin) EBSC English Bay Swim Club ) were $59.5 million for the five weeks ended October 6, 2001, a total sales increase of 6.5 percent versus the five weeks ended September 30, 2000. Comparable store sales were essentially flat with a slight decrease of 0.1 percent compared to the same period last year. The events of September 11 initially had a negative impact on sales. The best performing businesses in September were ladies' coats, special sizes sportswear, juniors' sportswear, shoes and the home store, including furniture. Because a major sales event Noun 1. sales event - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale" cut-rate sale, sale shifted into the last week of September 2001 from October 2000, combined September and October sales will provide a better comparison to 2000 sales than either month's numbers will provide separately. Due to the 53-week calendar in 2000, sales comparisons for the rest of the fall season will be affected by event shifts. The nation's ninth largest independent department store chain, The Elder-Beerman Stores Corp. has headquarters in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. and operates 66 stores in Ohio, West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. , Indiana Indiana, state, United States Indiana, midwestern state in the N central United States. It is bordered by Lake Michigan and the state of Michigan (N), Ohio (E), Kentucky, across the Ohio R. (S), and Illinois (W). , Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E). , Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , Kentucky Kentucky, state, United States Kentucky (kəntŭk`ē, kĭn–), one of the so-called border states of the S central United States. It is bordered by West Virginia and Virginia (E); Tennessee (S); the Mississippi R. , Wisconsin and Pennsylvania. Elder-Beerman also operates two furniture galleries. For more information about the company see Elder-Beerman's web site at www.elder-beerman.com. Note: See following table of sales comparison figures.
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(dollars in millions) SEPTEMBER(a)
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2001 2000 Total Comparable
Sales Sales Sales Sales
(unaudited) Change(b) Change(b)
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The Elder-Beerman $59.5 $55.9 6.5% (0.1%)
Stores Corp.
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(dollars in millions) YEAR TO DATE(a)
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2001 2000 Total Comparable
Sales Sales Sales Sales
(unaudited) Change(b) Change(b)
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The Elder-Beerman $376.5 $376.7 (0.1%) (2.6%)
Stores Corp.
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(a) All sales figures exclude leased department sales.
(b) Percentages may not correspond to the actual sales figures due to
rounding of sales figures.
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