Ross again leads the way.(market condition)
Home Textiles Today, October, 2005 by Hogsett, Don
NEW YORK -- Same-store retail sales were mixed during September, with discounters doing well, and department stores taking it on the chin, hit by rising gas prices, the aftermath of Hurricane Katrina, and unseasonably warm weather which hampered sales of fall clothing. Target and Wal-Mart were predictably strong, their comps rising 5.6 percent and 3.8 percent respectively, as consumers stocked up on basics and consumables like batteries and bottled water in the aftermath of hurricanes Katrina and Rita.
The ultra-low-price wholesale clubs did even better during September. Gostco comps shot up 11 percent, while same-store sales at Sam's Clubs rose 4.5 percent. BJ's same-store sales improved 3.8 percent. Other winners included off-price retailer...
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