Value City Department Stores, Inc. announced total sales for the five weeks ended April 5, 2003, increased 0.3% to $237.7 million from $237.0 million for the five weeks ended April 6, 2002. The company’s same store sales decreased 4.4% for the five week period.
Total sales for the nine weeks ended April 5, 2003, decreased 2.7% to $382.7 million from $393.2 million for the nine weeks ended April 6, 2002. The company’s same store sales decreased 7.5% for the nine week period.
Retail sales statistics are as follows:
Five weeks ended ($ in thousands)
April 5, 2003 April 6, 2002
$ % $ %
Total Sales
Value City Department Stores $137,807 58.0 $149,609 63.1
DSW Shoe Warehouse 75,297 31.7 60,591 25.6
Filene's Basement 24,567 10.3 26,761 11.3
$237,671 100.0 $236,961 100.0
Comparable Sales Percentage
Value City Department Stores (7.4)% 3.5%
DSW Shoe Warehouse 2.7% 3.5%
Filene's Basement (3.0)% 4.1%
(4.4)% 3.6%
Nine weeks ended ($ in thousands)
April 5, 2003 April 6, 2002
$ % $ %
Total Sales
Value City Department Stores $226,548 59.2 $250,024 63.6
DSW Shoe Warehouse 115,275 30.1 97,438 24.8
Filene's Basement 40,865 10.7 45,693 11.6
$382,688 100.0 $393,155 100.0
Comparable Sales Percentage
Value City Department Stores (8.9)% 2.6%
DSW Shoe Warehouse (3.9)% 2.3%
Filene's Basement (7.4)% 4.8%
(7.5)% 2.8%
