Value City Department Stores, Inc. announced total sales for the four weeks ended March 1, 2003, decreased 7.2% to $145.0 million from $156.2 million for the four weeks ended March 2, 2002. The company’s same store sales decreased 12.1% for the four week period.
Retail sales statistics are as follows:
Four weeks ended ($ in thousands)
March 1, 2003 March 2, 2002
$ % $ %
Total Sales
Value City Department Stores $88,739 61.2 $100,416 64.3
DSW Shoe Warehouse 39,977 27.6 36,842 23.6
Filene's Basement 16,298 11.2 18,932 12.1
$145,014 100.0 $156,190 100.0
Comparable Sales Percentage
Value City Department Stores (11.2) % 1.4 %
DSW Shoe Warehouse (14.2) % 0.5 %
Filene's Basement (13.2) % 5.9 %
(12.1) % 1.7 %
