Retail Ventures, Inc. announced total sales for the five weeks of fiscal September, increased 4.1% to $269.1 million from $258.5 million for the five weeks ended October 2, 2004. Comparable store sales decreased 2.0% for the five week period.
Total sales for the thirty-five weeks ended October 1, 2005, increased 4.9% to $1.83 billion from $1.75 billion for the thirty-five weeks ended October 2, 2004. The company's same store sales decreased 1.8% for the thirty- five week period.
Retail sales statistics are as follows:
Five weeks ended ($ in thousands)
October 1, 2005 October 2, 2004*
$ % $ %
Total Sales
Value City Department Stores $118,481 44.0 $125,189 48.4
DSW 111,920 41.6 99,051 38.3
Filene's Basement 38,699 14.4 34,275 13.3
$269,100 100.0 $258,515 100.0
Comparable Sales Percentage
Value City Department Stores (4.8)% (9.7)%
DSW 1.1 % (4.9)%
Filene's Basement 0.4 % (2.9)%
(2.0)% (7.3)%
Thirty-five weeks ended ($ in thousands)
October 1, 2005 October 2, 2004*
$ % $ %
Total Sales
Value City Department Stores $841,411 45.9 $898,377 51.5
DSW 747,632 40.8 635,880 36.4
Filene's Basement 243,222 13.3 211,620 12.1
$1,832,265 100.0 $1,745,877 100.0
Comparable Sales Percentage
Value City Department Stores (5.8)% (4.8)%
DSW 3.0 % 4.5 %
Filene's Basement 1.6 % 6.4 %
(1.8)% (0.8)%
* 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.
Retail Ventures, Inc. is currently operating 114 Value City Department Stores in the Midwest, mid-Atlantic and southeastern U.S., 27 Filene's Basement Stores in the Northeast and 190 better-branded DSW stores in major metropolitan areas throughout the country. DSW also supplies, under supply arrangements, to 210 locations for other non-related retailers in the United States.
