Printer Friendly

COMP SALES AVERAGE IMPROVES FOR JULY.

NEW YORK-The HFN Comp Sales Average nudged up slightly in July as discounters and drugstores brought in higher same-store sales compared with the same period last year.

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.
COPYRIGHT 2001 MacFadden Communications Group LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Author:Zaczkiewicz, Arthur; Weber, Nathan
Publication:HFN The Weekly Newspaper for the Home Furnishing Network
Date:Aug 20, 2001
Words:119
Previous Article:WINDOWS OF OPPORTUNITY; MANUFACTURERS SEE POSSIBLE GROWTH FOR THE CATEGORY IN BIG-BOX SPECIALTY STORES.
Next Article:FINANCIAL BRIEFS.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |