Same-store sales best expectations.(for May)
Home Textiles Today, June, 2004 by Hogsett, Don
NEW YORK -- Apparently undeterred by higher prices at the pump, shoppers still flocked to the malls during May, pushing up same-store sales for key U.S. retailers at a higher than expected pace. After taking a breather the month before, shoppers headed back to the stores, lured by seasonal goods and stronger fashion offerings in apparel, notably in women's and juniors.
Among the biggest winners, as consumers relentlessly sought out bargains, were the nation's warehouse clubs, with Costco comps shooting up 16 percent, followed by BJ's with a 12.1 percent gain and Sam's Club at 11.8 percent. Other heavy hitters during the month were Stein Mart, bounding back with a same-store gain of 11.1 percent; Saks, at 9.4 percent, helped by a huge 19.4...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
