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Industry Insight

SDSI: 7 new companies accepted into the Springboard business mentoring program. AGENDA: Registration and travel planning now open for January and February trade shows.

Details on Industry Insight.


Tiffany Montgomery
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Some retailers report strong Aug. comps

By Tiffany Montgomery
September 02, 2010 6:04 AM

Retailers reported stronger than expected same store sales numbers for August, a key back-to-school shopping month.

U.S. chain store sales posted a 3.2% year-over-year comp stores gain in August, slightly above expectations, the International Council of Shopping Centers said. For September, the ICSC predicts sales to rise 3%.

Here’s a roundup of how some industry customers and competitors performed in August. Zumiez reported same store sales Wednesday.

Department stores

Macy’s: up 4.3%

Nordstrom: up 6.3%

Teen retailers

Buckle: down 3.5%

Wet Seal: total comps up 1.1%, Wet Seal chain up 1.5%, Arden B., down 1.8%.

Aeropostale: down 1%

Gap: total flat, Gap chain down 1%, Banana Republic up 6%, Old Navy down 2%, International up 5%

Abercrombie & Fitch: total comps up 6%, Hollister up 7%

American Eagle Outfitters: up 1%

 


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