SGB Update

Pacific Sunwear March Comps Increase 9.5%

Pacific Sunwear of California, Inc. reported that total sales for the five weeks of March of fiscal 2003 were $84.5 million, an increase of 18.9% over total sales of $71.1 million for the five weeks of March of fiscal 2002. Company same store sales increa

Footstar Athletic March Comps Flat; Footaction Up

Footstar, Inc. reported that total sales for the first quarter ended March 29, 2003 decreased 12.9% to $482.1 million. Footstar's comparable store sales for the quarter decreased 5.3%. Comparable store sales at Meldisco decreased 10.9% and comparab

Famous Footwear March Comps Down 10.6%

Brown Shoe Company, Inc. announced March retail sales at Famous Footwear were $102,000,000 for the five-week period ended April 5, 2003, a 7.6% decrease compared to $110,400,000 for the same period last year (ended April 6, 2002). Due to the calendar shif

JC Penney DS March Comps Off 5.5%

J. C. Penney Company, Inc. reported that comparable department store sales decreased 5.5% for the five weeks ended March 29, 2003. Catalog sales decreased 13.1%. Internet sales, which are included in catalog, continue to perform well, and increased 19%…

Kohl’s March Same-Store Sales Inch Up 0.4%

Kohl's Corporation reported that sales for the five week period ended April 5, 2003, increased 21.7% over the five week period ended April 6, 2002. On a comparable store basis, sales increased 0.4%…

Target Corp. March Comp Sales Decline 2.3%

Target Corporation reported that its net retail sales for the five weeks ended April 5, 2003 increased 4.6% to $3.889 billion from $3.717 billion for the five-week period ended April 6, 2002. Comparable-store sales declined 2.3% from fiscal March 2002…

Sears March Comp Store Sales Decrease 2.3%

Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 3.1% for the five weeks ended April 5, 2003. Total domestic store revenues were $2.4 billion; a 2.3% decrease compared with the five weeks ended April 6, 2002…

Stage Stores March Comps Drop 15.6%; Lowers Q1 Expectations

Stage Stores, Inc. reported that comparable store sales for the five-week period ended April 5, 2003 decreased 15.6% as compared to the prior year five-week period ended April 6, 2002. Total sales decreased 12.5% to $73.0 million from $83.4 million in the

Dillard’s March Comp Store Sales Decrease 12%

Dillard's, Inc. announced that sales for the five weeks ended April 5, 2003 were $667,156,000 compared to sales for the five weeks ended April 6, 2002 of $763,394,000. Total sales decreased 13% for the five-week period. Sales in comparable stores f

Elder-Beerman March Comps Dip 4.0%

Comparable store sales for The Elder-Beerman Stores Corp. decreased 2.9% for the five weeks ended April 5, 2003 compared to the five weeks ended April 6, 2002. Total store sales decreased by 4.0% to $50.8 million versus the same period last year…

Federated March Comps Decrease 6.5%

Federated Department Stores, Inc. reported total sales of $1.233 billion for the five weeks ended April 5, 2003. This represents a decrease of 5.9 percent from total sales of $1.309 billion for the same period last year. On a same-store basis, Federated

May Company March Comps Decrease 11.4%

The May Department Stores Company reported preliminary net sales of $1.06 billion for the five-week period ended April 5, 2003, a 9.9% decrease from $1.18 billion in the similar period last year. Store-for-store sales decreased 11.4%…

Saks Inc. March Comps Store Sales Off 3.8%

Retailer Saks Incorporated announced that comparable store sales for the five weeks ended April 5, 2003 compared to the five weeks ended April 6, 2002 decreased 3.8% on a total company basis. By segment, comparable store sales decreased 0.2% for SDSG and

Payless March Comp Store Sales Decreased 10.6%

Payless ShoeSource, Inc. reported that same-store sales decreased 10.6% during the March reporting period, the five weeks ended April 5, 2003. Company sales totaled $270.9 million, a 9.2 percent decrease from $298.2 million during fiscal March of last ye

Ross Stores March Comps Decline 5.0%

Ross Stores, Inc. reported sales of $347 million for the five weeks ended April 5, 2003, a 5% increase above the $329 million in sales for the five weeks ended April 6, 2002. Comparable store sales for the month declined 5% compared to an 11% increase in