Retail Ventures, Inc. reported sales for the fiscal month of January increased 6.5% to $874.0 million from $820.5 million last year. The company's same store sales decreased 2.8% for the comparative thirteen week period.
Total sales for the fifty-three weeks ended February 3, 2007 increased 5.3% to $3.07 billion from $2.91 billion for the fifty-two weeks ended January 28, 2006. The company's same store sales increased 0.8% for the comparative fifty-two week period.
Retail sales statistics are as follows:
Fiscal Quarter ended ($ in thousands) February 3, 2007 January 28, 2006 $ % $ % Total Sales Value City Department Stores $415,131 47.5 $425,663 51.9 DSW 329,052 37.6 283,804 34.6 Filene's Basement 129,835 14.9 111,024 13.5 $874,018 100.0 $820,491 100.0 Comparable Sales Percentage Value City Department Stores (5.6)% 0.1% DSW 1.0 % 11.3% Filene's Basement (1.3)% 7.8% (2.8)% 4.1% Fiscal Year ended ($ in thousands) February 3, 2007 January 28, 2006 $ % $ % Total Sales Value City Department Stores $1,361,125 44.4 $1,379,975 47.4 DSW 1,279,060 41.7 1,144,061 39.3 Filene's Basement 427,473 13.9 389,335 13.3 $3,067,658 100.0 $2,913,371 100.0 Comparable Sales Percentage Value City Department Stores (1.3)% (3.2)% DSW 2.5 % 5.4 % Filene's Basement 3.1 % 3.5 % 0.8 % 0.5 %