Retail Ventures total sales for the five weeks ended July 2, 2005, increased 9.7% to $263.8 million from $240.6 million for the five weeks ended July 3, 2004. The company's same store sales increased 2.8% for the five week period.
Total sales for the twenty-two weeks ended July 2, 2005, increased 5.9% to $1.17 billion from $1.11 billion for the twenty-two weeks ended July 3, 2004. The company's same store sales decreased 1.5% for the twenty-two week period.
Retail sales statistics are as follows:
Five weeks ended ($ in thousands)
July 2, 2005 July 3, 2004*
$ % $ %
Total Sales
Value City Department Stores $122,032 46.3 $123,985 51.5
DSW 106,364 40.3 86,390 35.9
Filene's Basement 35,376 13.4 30,178 12.6
$263,772 100.0 $240,553 100.0
Comparable Sales Percentage
Value City Department Stores (0.8)% (7.7) %
DSW 7.7 % (0.7) %
Filene's Basement 4.6 % 2.6 %
2.8 % (4.4) %
Twenty-two weeks ended ($ in thousands)
July 2, 2005 July 3, 2004*
$ % $ %
Total Sales
Value City Department Stores $530,738 45.3 569,014 51.4
DSW 488,660 41.7 406,807 36.7
Filene's Basement 153,069 13.0 131,504 11.9
$1,172,467 100.0 $1,107,325 100.0
Comparable Sales Percentage
Value City Department Stores (6.2)% (3.1)%
DSW 4.2 % 7.7 %
Filene's Basement 2.3 % 11.3 %
(1.5)% 1.8 %
*Business segments were realigned at the beginning of fiscal 2005 to reflect how the company establishes strategic goals and manages the business. The realignment resulted in the Filene's Basement shoe business being included within the DSW segment. The fiscal 2004 presentation has been restated to conform with this realignment.
