Retail Ventures announced total sales for the four weeks ended April 30, 2005, increased 6.9% to $234.7 million from $219.6 million for the four weeks ended May 1, 2004. The company's same store sales decreased 0.7% for the four week period.

Total sales for the thirteen weeks ended April 30, 2005, increased 5.2% to $680.0 million from $646.3 million for the thirteen weeks ended May 1, 2004. The company's same store sales decreased 2.5% for the thirteen week period.


    Retail sales statistics are as follows:


                                    Four weeks ended ($ in thousands)
                                  April 30, 2005           May 1, 2004*
                                $              %          $             %
     Total Sales
      Value City Department
       Stores               $100,533         42.8     $110,632         50.4
      DSW Shoe Warehouse     103,081         43.9       83,719         38.1
      Filene's Basement       31,091         13.3       25,270         11.5
                            $234,705        100.0     $219,621        100.0

     Comparable Sales Percentage
      Value City Department Stores           (8.4)%                    (5.3)%
      DSW Shoe Warehouse                      7.6 %                     5.6 %
      Filene's Basement                       7.6 %                    10.4 %
                                             (0.7)%                    (0.2)%


                                  Thirteen weeks ended ($ in thousands)
                                 April 30, 2005             May 1, 2004*
                                $              %          $              %
     Total Sales
      Value City Department
       Stores               $311,455         45.8     $339,992         52.6
      DSW Shoe Warehouse     281,806         41.4      232,622         36.0
      Filene's Basement       86,784         12.8       73,686         11.4
                            $680,045        100.0     $646,300        100.0

     Comparable Sales Percentage
      Value City Department Stores           (7.9)%                    (1.1)%
      DSW Shoe Warehouse                      4.4 %                    11.0 %
      Filene's Basement                       2.0 %                    15.2 %
                                             (2.5)%                     4.2 %