Retail Ventures, Inc. reported that total sales for the four weeks ended July 31, 2004, increased 3.7% to $170.6 million from $164.6 million for the four weeks ended August 2, 2003. The company's same store sales decreased 2.3% for the four week period.
Total sales for the twenty-six weeks ended July 31, 2004, increased 7.1% to $1.28 billion from $1.19 billion for the twenty-six weeks ended August 2, 2003. The company's same store sales increased 1.2% for the twenty-six week period.
Retail sales statistics are as follows:
Four weeks ended ($ in thousands)
July 31, 2004 August 2, 2003
$ % $ %
Total Sales
Value City Department Stores $89,338 52.4 $93,846 57.0
DSW Shoe Warehouse 58,576 34.3 49,808 30.3
Filene's Basement 22,715 13.3 20,938 12.7
$170,629 100.0 $164,592 100.0
Comparable Sales Percentage
Value City Department Stores (4.7)% 1.1 %
DSW Shoe Warehouse 1.2 % 5.7 %
Filene's Basement 0.8 % 1.0 %
(2.3)% 2.2 %
Twenty-Six weeks ended ($ in thousands)
July 31, 2004 August 2, 2003
$ % $ %
Total Sales
Value City Department Stores $656,685 51.4 $679,416 56.9
DSW Shoe Warehouse 455,701 35.6 375,389 31.5
Filene's Basement 165,568 13.0 138,321 11.6
$1,277,954 100.0 $1,193,126 100.0
Comparable Sales Percentage
Value City Department Stores (3.3)% (1.8)%
DSW Shoe Warehouse 6.6 % 0.4 %
Filene's Basement 10.1 % (3.8)%
1.2 % (1.5)%
