Retail Ventures, Inc. announced total sales for May 2004 increased 8.6% to $220.5 million from $202.9 million for the four weeks ended May 31, 2003. The company's same store sales increased 1.9% for the four week period.
Total sales for the seventeen weeks ended May 29, 2004, increased 9.5% to $866.8 million from $791.5 million for the seventeen weeks ended May 31, 2003. The company's same store sales increased 3.6% for the seventeen week period.
Four weeks ended ($ in thousands)
May 29, 2004 May 31, 2003
$ % $ %
Total Sales
Value City
Department Stores $104,641 47.4 $108,715 53.6
DSW Shoe Warehouse 85,683 38.9 69,147 34.1
Filene's Basement 30,148 13.7 25,059 12.3
$220,472 100.0 $202,921 100.0
Comparable Sales Percentage
Value City
Department Stores (3.7)% 3.7 %
DSW Shoe Warehouse 7.8 % 4.5 %
Filene's Basement 11.6 % (1.8)%
1.9 % 3.2 %
Seventeen weeks ended ($ in thousands)
May 29, 2004 May 31, 2003
$ % $ %
Total Sales
Value City
Department Stores $443,737 51.2 $451,610 57.0
DSW Shoe Warehouse 312,960 36.1 252,201 31.9
Filene's Basement 110,075 12.7 87,646 11.1
$866,772 100.0 $791,457 100.0
Comparable Sales Percentage
Value City
Department Stores (1.7)% (2.3)%
DSW Shoe Warehouse 9.8 % (1.5)%
Filene's Basement 14.6 % (6.5)%
3.6 % (2.6)%
