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DECEMBER SALES INCREASE 8.2% FOR THE MAY DEPARTMENT STORES COMPANY

 ST. LOUIS, Jan. 6 /PRNewswire/ -- The May Department Stores Company today reported preliminary sales of $2,049.1 million for the five-week period ended Jan. 1, an 8.2% increase over $1,893.9 million in the similar year-ago period.
 Sales for the first 11 months of fiscal 1993 were $10.62 billion, up 7.4% from sales of $9.88 billion during the same period a year ago.
 Department store sales for December totaled $1,822.8 million, up 8.1% or $136.5 million from last year. Sales for Payless ShoeSource were $226.3 million, an increase of 9.0% or $18.7 million from last year's similar period.
 Sales were as follows:
 DECEMBER SALES (Millions)
 Percent Store-for-
 Store(A)
 1993 1992 Increase Increase
 Department Stores $1,822.8 $1,686.3 8.1% 5.3%
 Payless ShoeSource 226.3 207.6 9.0 1.6
 TOTAL $2,049.1 $1,893.9 8.2% 4.9%
 YEAR-TO-DATE SALES (Millions)
 Fiscal Fiscal Percent Store-for-
 Store(A)
 1993 1992 Increase Increase
 Department Stores $ 8,758.1 $8,199.1 6.8% 5.1%
 Payless ShoeSource 1,857.8 1,685.7 10.2 1.8
 TOTAL $10,615.9 $9,884.8 7.4% 4.5%
 (A) Store-for-store sales represent sales of those stores open during both years.
 Sales have been restated to exclude the sales of stores which have been closed and not replaced. Year-to-date revenues, including sales of nonreplaced closed stores and finance charge revenue, were $10.95 billion in 1993 and $10.58 billion in 1992.
 The May Department Stores Company is the largest department store retailer in the United States, operating 312 department stores and 3,770 Payless ShoeSource stores.
 -0- 1/6/94
 /CONTACT: Jim Abrams of The May Department Stores Company, 314-342-6343/


CO: The May Department Stores Company ST: Missouri IN: REA SU: SLS

MP-SP -- NY025 -- 6969 01/06/94 10:17 EST
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Publication:PR Newswire
Date:Jan 6, 1994
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