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.