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SOLO SERVE CORPORATION REPORTS DECEMBER SALES

 SAN ANTONIO, Texas, Jan. 6 /PRNewswire/ -- Solo Serve Corporation (NASDAQ: SOLO) today reported sales of $27.0 million for the five-week period ended Jan. 1, 1994, an increase of 5.4 percent over sales of $25.6 million during December 1992. The company's comparable store sales decreased 5.6 percent during the five week period ended Jan. 1, 1994, as compared with the same period in 1992. During the month of December the company ran a liquidation sale at its El Paso, Texas, store in anticipation of the January 1994 closing of that store. Excluding sales from the El Paso store, the company's comparable store sales for the five-week period declined 7.0 percent from the same period in 1992.
 The company's year-to-date sales of $160.5 million for the 48 weeks ended Jan. 1, 1994, represent an increase of 10.1 percent over sales of $145.8 million for the same period in 1992. The company's year-to-date comparable store sales decreased 5.7 percent.
 Solo Serve Corporation operates a chain of off-price retail stores offering a wide selection of name brand and other merchandise at prices 20-60 percent below traditional department and specialty stores. The company currently has 38 Solo Serve stores in Texas, Louisiana and Alabama and nine Half & More stores in Texas and Louisiana.
 -0- 1/6/94
 /CONTACT: Timothy L. Grady of Solo Serve Corporation, 210-662-6262/
 (SOLO)


CO: Solo Serve Corporation ST: Texas IN: REA SU: SLS

TW -- NY031 -- 6972 01/06/94 10:21 EST
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Publication:PR Newswire
Date:Jan 6, 1994
Words:250
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