Retail Ventures, Inc. announced total sales for the five weeks ended July 3, 2004, increased 1.5% to $240.6 million from $237.1 million for the five weeks ended July 5, 2003. The company's same store sales decreased 4.4% for the five week period.
Total sales for the twenty-two weeks ended July 3, 2004, increased 7.7% to $1.11 billion from $1.03 billion for the twenty-two weeks ended July 5, 2003. The company's same store sales increased 1.8% for the twenty-two week period.
Retail sales statistics are as follows:
Five weeks ended ($ in thousands)
July 3, 2004 July 5, 2003
$ % $ %
Total Sales
Value City Department Stores $123,610 51.4 $133,960 56.5
DSW Shoe Warehouse 84,165 35.0 73,380 31.0
Filene's Basement 32,778 13.6 29,737 12.5
$240,553 100.0 $237,077 100.0
Comparable Sales Percentage
Value City Department Stores (7.7)% (2.1)%
DSW Shoe Warehouse (0.8)% 3.7 %
Filene's Basement 2.6 % 1.7 %
(4.4)% (0.2)%
Twenty-Two weeks ended ($ in thousands)
July 3, 2004 July 5, 2003
$ % $ %
Total Sales
Value City Department Stores $567,347 51.2 $585,570 56.9
DSW Shoe Warehouse 397,125 35.9 325,581 31.7
Filene's Basement 142,853 12.9 117,383 11.4
$1,107,325 100.0 $1,028,534 100.0
Comparable Sales Percentage
Value City Department Stores (3.1)% (2.2)%
DSW Shoe Warehouse 7.4 % (0.4)%
Filene's Basement 11.7 % (4.6)%
1.8 % (2.0)%
