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JUNE 1992 SALES INCREASE 12.2 PERCENT FOR VENTURE STORES

 JUNE 1992 SALES INCREASE 12.2 PERCENT FOR VENTURE STORES
 O'FALLON, Mo., July 9 /PRNewswire/ -- Venture Stores, Inc. (NYSE: VEN) today reported sales for June 1992 (five weeks ended July 4, 1992) of $143.6 million, an increase of 12.2 percent over last year (five weeks ended July 6, 1991) sales of $128.0 million. Comparable store sales for the month increased 3.1 percent over last year.
 Year-to-date sales through June 1992 were $634.4 million, an increase of 13.9 percent from $557.1 million for the same period last year. Year-to-date comparable store sales increased 4.4 percent.
 VENTURE STORES, INC.
 (In millions)
 Periods ended: July 4, July 6, Percent Comparable Store
 1992 1991 Increase Percent Increase
 5 Weeks $ 143.6 $ 128.0 12.2 3.1
 22 Weeks $ 634.4 $ 557.1 13.9 4.4
 Commenting on June sales results, Julian Seeherman, chairman and chief executive officer said, "June sales reflected both the difficulty of the economy and the radical change in the weather patterns with colder than normal temperatures in all of our markets for the majority of the month. We continue to see the consumable and value-driven businesses out performing most other categories of merchandise, reinforcing our belief that the discount segment of the retail industry is continuing to gain a larger share of consumer spending. We have begun to see some of our transitional merchandise sell well which may indicate a strong back-to-school selling season. However, we are continuing to monitor and tightly control our inventory levels and expenses until we see an upturn in the business climate."
 Venture operates 91 quality discount retail stores in Illinois, Missouri, Kansas, Indiana, Oklahoma, Arkansas, Iowa and Kentucky.
 -0- 7/9/92
 /CONTACT: Jack Burtelow of Venture Stores, 314-281-7800/
 (VEN) CO: Venture Stores Inc. ST: Missouri IN: REA SU:


TS -- NY021 -- 7761 07/09/92 09:55 EDT
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Publication:PR Newswire
Date:Jul 9, 1992
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