Value City Department Stores announced total sales for the four weeks ended August 30, 2003, increased 8.7% to $205.1 million from $188.7 million for the four weeks ended August 31, 2002. The company's same store sales increased 4.2% for the four week period.
Total sales for the thirty weeks ended August 30, 2003, increased 4.1% to $1.40 billion from $1.34 billion for the thirty weeks ended August 31, 2002. The company's same store sales decreased 0.7% for the thirty week period.
Retail sales statistics are as follows:
Four weeks ended ($ in thousands)
August 30, 2003 August 31, 2002
$ % $ %
Total Sales
Value City Department Stores $123,842 60.4 $120,626 63.9
DSW Shoe Warehouse 56,478 27.5 44,944 23.8
Filene's Basement 24,762 12.1 23,128 12.3
$205,082 100.0 $188,698 100.0
Comparable Sales Percentage
Value City Department Stores 2.8% (6.5)%
DSW Shoe Warehouse 7.6% (3.6)%
Filene's Basement 5.8% 0.3 %
4.2% (5.1)%
Thirty weeks ended ($ in thousands)
August 30, 2003 August 31, 2002
$ % $ %
Total Sales
Value City Department Stores $803,258 57.4 $816,324 60.7
DSW Shoe Warehouse 431,867 30.9 359,755 26.8
Filene's Basement 163,083 11.7 167,612 12.5
$1,398,208 100.0 $1,343,691 100.0
Comparable Sales Percentage
Value City Department Stores (1.1)% (4.1)%
DSW Shoe Warehouse 1.2 % (0.8)%
Filene's Basement (2.5)% 2.6 %
(0.7)% (2.6)%
