COMP SALES AVERAGE IMPROVES FOR JULY.
The average increased 1.6 percent, which was slightly higher than June's increase of 0.9 percent. Dollar General, Family Dollar, Kohl's, Rite Aid and Walgreen had some of the strongest comparable-store sales for the month. But there were some retailers outside the value, discount and mass channels that performed well. Dillard's, for example, posted a 7 percent same-store sales increase after struggling with negative comps for the prior five months.
Department and specialty stores tended to bring in comps that were either flat or lower than the same month last year.
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|Author:||Zaczkiewicz, Arthur; Weber, Nathan|
|Publication:||HFN The Weekly Newspaper for the Home Furnishing Network|
|Date:||Aug 20, 2001|
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