Retail Ventures, Inc. announced total sales for the five weeks ended April 3,
2004, increased 9.6% to $260.5 million from $237.7 million for the five weeks
ended April 5, 2003. The company's same store sales increased 4.1% for the
five week period.
Total sales for the nine weeks ended April 3, 2004, increased 11.5% to
$426.7 million from $382.7 million for the nine weeks ended April 5, 2003. The
company's same store sales increased 6.5% for the nine week period.
Retail sales statistics are as follows:
Five weeks ended ($ in thousands)
April 3, 2004 April 5, 2003
$ % $ %
Total Sales
Value City Department Stores $134,846 51.8 $137,807 58.0
DSW Shoe Warehouse 94,268 36.2 75,297 31.7
Filene's Basement 31,427 12.0 24,567 10.3
$260,541 100.0 $237,671 100.0Comparable Sales Percentage
Value City Department Stores (2.1)% (7.4)%
DSW Shoe Warehouse 12.4 % 2.7 %
Filene's Basement 15.5 % (3.0)%
4.1 % (4.4)%Nine weeks ended ($ in thousands)
April 3, 2004 April 5, 2003
$ % $ %
Total Sales
Value City Department Stores $228,789 53.6 $226,548 59.2
DSW Shoe Warehouse 145,553 34.1 115,275 30.1
Filene's Basement 52,337 12.3 40,865 10.7
$426,679 100.0 $382,688 100.0Comparable Sales Percentage
Value City Department Stores 1.0 % (8.9)%
DSW Shoe Warehouse 13.7 % (3.9)%
Filene's Basement 18.4 % (7.4)%
6.5 % (7.5)%
