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Tiffany Montgomery
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A few bright spots in February comps, though retail still tough

A few bright spots in February
By Tiffany Montgomery
March 05, 2009 7:39 AM

There were a few bright spots in February same-store sales, and in some cases while same-store sales were down, they were down less that expected.

Unfortunately, we don't know how the industry's largest customer, PacSun, performed because the company is no longer reporting monthly same-store sales.

The Buckle continues to amaze, even on top of tough comparisons from last year, while Zumiez continues to struggle. Industry competitor Hollister, is seeing sales plummet.

Here are more details for February results. 

Zumiez

Same-store sales: down 13.4 percent

Week one: down 14.7 percent
Week two: down 12 percent
Week three: down 13.1 percent
Week four: down 13.9 percent

No. of transactions: down

Avg. transaction amount: up slightly

Strong categories: footwear

Weak categories: men's, junior's and boy's apparel, accessories, hardgoods.

Regions: Stores west of Texas down in negative teen range.

No. of total stores: 345

The Buckle

Same-store sales: up 21 percent. That's on top of a 24.3 percent comp increase in February 2008.

Total men's sales: up 16.5 percent

Strong categories: denim, woven and knit shirts

Price points: up 11 percent

Total women's sales: up 37.5 percent

Strong categories: denim, knit tops, accessories

Men's and women's accessories: up 26.5 percent

Men's and women's footwear: up 14.5 percent

Markdowns: down vs. February 2008.

No. of stores: 391

American Apparel

Same-store sales: down 9 percent. The company said it was up against a tough comparison of a 45 percent increase during the same period last year.

No. of stores: 260

Macy's

Same-store sales: down 8.5 percent

No. of stores: 840

Nordstrom

Same-store sales: down 15.4 percent

Strong categories: Junior's apparel, cosmetics

No of stores: 169

Abercrombie & Fitch

Company-wide same-stores sales: down 30 percent

Hollister: down 33 percent

Abercrombie & Fitch stores: down 27 percent

Abercrombie stores: down 34 percent

Ruehl: down 33 percent

Total stores: 1,127

 


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