Dillard’s, Inc. reported that merchandise sales for the five weeks ended Jan. 2, 2010 declined 8% to $1.01 billion compared to the five weeks ended Jan. 3, 2009. Sales in comparable stores decreased 7% for the five-week period.
Sales for the 48 weeks ended Jan. 2, 2010 were $5.54 billion compared to sales for the 48 weeks ended Jan. 3, 2009 of $6.36 billion. Total sales decreased 13%. Sales in comparable stores decreased 11% for the 48-week period.
During the five weeks ended Jan. 2, 2010, sales were above the average total company trend in the Eastern region, slightly below trend in the Central region and below trend in the Western region. The sales performance in the home and other category was significantly below trend while sales of shoes were significantly above trend during the period.