Sales at the big three discounters - Target Stores Inc., Kmart Corp., Kmart Corp - Brief Article - Statistical Data Included

DSN Retailing Today, March 6, 2001

Sales at the big three discounters may not be booming, but at least they are moving in the right direction. February same store sales at Wal-Mart rose 4.3%. Comps at the Target division of Target Corp. rose 2.9%, while corporate wide same store sales inched ahead to 1.5%. Camp sales at Mervyn's and Marshall Field's were down for the period.

At Kmart, sales rose 3.3% at its stores open for at least one year. Meanwhile, in the mid-tier, Kohl's overall sales were up in the stratosphere, increasing a dramatic 28.4%. More earthbound were their camps--a respectable 7.3%. JCPenney and Sears bath reported same store decreases during February, 2.1% and 2.0%, respectively.

COPYRIGHT 2001 Lebhar-Friedman, Inc.
COPYRIGHT 2001 Gale Group

 

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