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DECEMBER DOMESTIC COMPARABLE STORE SALES ROSE 1.0 PERCENT AT WOOLWORTH CORPORATION

 NEW YORK, Jan. 7 /PRNewswire/ -- Woolworth Corporation (NYSE: Z) reported today that domestic comparable store sales for the five weeks ended Jan. 2, 1993, rose 1.0 percent from the corresponding prior-year period.
 Total sales (domestic and foreign) for the five-week period declined 3.5 percent to $1,555 million from $1,612 million.
 Domestic sales for the five-week period decreased 2.2 percent to $908 million from $929 million in the corresponding prior-year period. Total domestic sales for 1992 reporting periods do not include sales from some 900 United States stores covered by the company's accelerated store-redeployment program announced in January 1992.
 Foreign sales, expressed in United States dollars, declined 5.3 percent. If foreign exchange rates had remained constant, foreign sales would have increased 1.2 percent and total sales would have decreased 0.8 percent.
 For the cumulative 48 weeks ended Jan. 2, 1993, domestic comparable store sales increased 1.3 percent from the corresponding prior-year period.
 Total sales (domestic and foreign) for the forty-eight-week period declined 0.7 percent to $9,271 million from $9,340 million in the corresponding year-earlier period.
 Domestic sales for the forty-eight-week period decreased 2.2 percent to $5,265 million from $5,385 million, and foreign sales, expressed in United States dollars, increased 1.3 percent. If foreign exchange rates had remained constant, foreign sales would have increased 1.9 percent and total sales would have decreased 0.5 percent.
 -0- 1/7/93
 /CONTACT: Frances E. Trachter of Woolworth Corporation, 212-553-2394/
 (Z)


CO: Woolworth Corporation ST: New York IN: REA SU:

TS -- NY017 -- 2508 01/07/93 09:03 EST
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Publication:PR Newswire
Date:Jan 7, 1993
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