Stages Stores’ Comps Slide in September

Stage Stores, Inc. reported sales of $118 million for the five week September period ended Oct. 1, 2011. Comparable store sales for September decreased 0.7 percent. Merchandise categories that achieved comparable store sales increases during September were cosmetics, footwear, home & gifts and junior's. Geographically, the Southeast and Midwest regions had comparable store sales gains during the month.

The company also reported that it opened five new Goody’s stores and one new Bealls store, and reopened a fire-damaged store, during September. New Goody’s stores were opened in Crawfordsville and Wabash, IN, Knoxville, TN and Meridian and Booneville, MS. A new Bealls store was opened in Riverton, WY. The company noted that Wyoming becomes its 40th state.
                                                                        

(0.6)
   
Stage Stores, Inc. brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities through 805 stores located in 40 states.