Retail Ventures, Inc. total sales for the five weeks ended October 2, 2004, decreased 1.1% to $258.5 million from $261.4 million for the five weeks ended October 4, 2003. The company's same store sales decreased 7.3% for the five week period.

Total sales for the thirty-five weeks ended October 2, 2004, increased 5.2% to $1.75 billion from $1.66 billion for the thirty-five weeks ended October 4, 2003. The company's same store sales decreased 0.8% for the thirty- five week period.

  Retail sales statistics are as follows:

                                       Five weeks ended ($ in thousands)
                                    October 2, 2004      October 4, 2003
                                      $         %         $           %
  Total Sales
   Value City Department Stores     $124,725   48.2      $138,236    52.9
   DSW Shoe Warehouse                 96,303   37.3        86,943    33.3
   Filene's Basement                  37,487   14.5        36,179    13.8
                                    $258,515  100.0      $261,358   100.0

  Comparable Sales Percentage
   Value City Department Stores                (9.7)%                 7.1%
   DSW Shoe Warehouse                          (5.0)%                16.9%
   Filene's Basement                           (2.7)%                13.9%
                                               (7.3)%                10.6%


                                   Thirty-five weeks ended ($ in thousands)
                                    October 2, 2004      October 4, 2003
                                       $        %          $          %
  Total Sales
   Value City Department Stores    $895,696    51.3      $941,494    56.7
   DSW Shoe Warehouse               620,156    35.5       518,810    31.3
   Filene's Basement                230,025    13.2       199,262    12.0
                                 $1,745,877   100.0    $1,659,566   100.0

  Comparable Sales Percentage
    Value City Department Stores               (4.8)%                 0.0%
    DSW Shoe Warehouse                          4.2 %                 3.5%
    Filene's Basement                           6.7 %                 0.1%
                                               (0.8)%                 0.9%