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Retailers Post Mixed Results in February


It seems like discount retailers did well. Wal-Mart was up. Costco was up. Target was in positive territory. And specialty retailers that also carry lower-price fare did well. Most department stores did poorly. As they announced last week, Macy's did not report same-store sales this month.

I'll post ICSC's figure when it comes out. See the results after the jump.

These retailers reported sales for the four-week period ended March 1, 2008 in comparison to the four-week period last year ended March 3, 2007.

Retailer Same-Store Sales
The Buckle +24.3%
AĆ©ropostale +7.0%
Costco +5.0%a
Mothers Work +4.8%b
Cache +4.0%c
Ross Stores +4.0%
Wal-Mart Stores +3.0%d
Cato +3.0%
TJX Companies +3.0%
Family Dollar +1.3%
Fred's +1.1%
Target Corp. +0.5%
Havertys -0.4%e
Ann Taylor Stores -1.7%
Abercrombie & Fitch -2.0%
Dillard's Inc. -2.0%
Stage Stores -2.5%
Zumiez -2.6%
Kohl's Corp. -3.8%
American Eagle -4.0%
Nordstrom -5.8%
Gap Inc. -6.0%
JCPenney -6.7%
The Bon-Ton Stores -7.2%
The Wet Seal -8.2%
Limited Brands -9.0%
Gottschalks -9.5%
Stein Mart -10.4%

(a Costco used the four-week period ended March 2, 2008.)

(b Mothers Work reported strict February over February sales)

(c Cache used the four-week period ended Feb. 23, 2008)

(d Wal-Mart used the four-week period ended Feb. 29, 2008. Wal-Mart's figure includes fuel sales. Excluding fuel, Wal-Mart's same-store sales rose 2.6%)

(e Havertys reported strict February over February sales)

Some retailers reported figures for longer periods.

For the most recently completed quarter.

Retailer Same-Store Sales
Costco +5.0% (Q ending 2/17/08)
Finish Line -6.9% (Q ending 3/1/08)
Trans World Entertainment -12.0% (Q ending 2/2/08)
Coldwater Creek -19.2% (Q ending 2/2/08)

Past sales roundups

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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