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Federated Same-Store Sales Down 0.4% in June.


Business & Consumer/Retail Editors

Federated Connected and treated as one. See federated database and federated directories.  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. , Inc. (NYSE NYSE

See: New York Stock Exchange
:FD)(PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :FD) today reported total sales of $1.367 billion for the five weeks ended July 6, 2002.

This represents an increase of 3.2 percent over total sales of $1.326 billion for the same period last year. On a same-store basis, Federated's June sales were down 0.4 percent, which was within the range of expectations for the month.

For the 22-week year to date, Federated's sales totaled $5.970 billion, a decrease of 1.2 percent compared to sales of $6.041 billion for the same period last year. On a same-store basis, Federated's year-to-date sales were down 2.5 percent.

Federated, with corporate offices in Cincinnati and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, is one of the nation's leading department store retailers, with annual sales of more than $15.6 billion. Federated currently operates more than 450 stores in 34 states, Guam and Puerto Rico, under the names of Macy's, Bloomingdale's, The Bon Marche, Burdines, Goldsmith's, Lazarus and Rich's. The company also operates macys.com and Bloomingdale's By Mail.

(NOTE: Weekly sales updates are available at 513/579-7987 and on the Internet at www.fds.com.)
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 11, 2002
Words:196
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