U.S. chains experience same-store sales decline.(Industry Overview)(Statistical Data Included)
Home Textiles Today, October, 2000 by Gill, David
NEW YORK -- Pity the major U.S. chain stores. The economy has been strong, consumer confidence has been at record levels, unemployment remains low, and incomes have been healthy. So how could things for the chain gang be so bad? Consider the September sales reports from the chains tracked each month by Home Textiles Today.
Forty percent of these chains limped to the end of last month with percentage declines in same-store sales. Also, no particular channel suffered more than others. The top decliners -- Dillard's, down 6 percent; JCPenney department stores and Ross ...
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