Mid-tier retailers take Sept. lumps.(Business)
Home Textiles Today, October, 2004 by Hogsett, Don
NEW YORK--With hurricanes pounding Southeastern states and gas prices climbing, same-store sales remained sluggish for most key American retailers during September. Stores at opposite ends of the retail spectrum did best--value retailers and luxury nameplates--while most others in the vast middle ground got clobbered.
Putting a number on it, the Johnson Redbook Same-Store Hash Report, which tracks a sample of 60 broadlines retailers across a wide range of formats, reported that same-store sales edged up 1.8 percent, ahead of a weaker 0.5 percent increase in August, but still behind a strong 2.8 percent increase recorded in July. It marked a fourth straight month of soft sales at retail, and even the important back-to-school promotion could provide...
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
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
