reported a same-store sales increase of 3% in September for its domestic stores, citing continued strength in hardlines, specialty stores and softlines businesses.
The company also said total domestic sales in the five weeks ended Sept. 30 rose 4.2% to $2.63 billion from $2.53 billion in the five weeks ended Oct. 2, 1999.
Same-store sales for
rose 0.9% in September compared with a year ago, excluding the impact of store closings and inventory liquidation. Net same-store sales rose 2.4% for the month. The discount retailer said September sales were "below plan" with promotional and clearance sales offsetting regular sales growth. Total sales for the month ended Sept. 27 rose 4.1% to $3.08 billion from $2.96 billion a year ago.
May Department Stores
said same-store sales rose 0.7% while total sales for the five weeks ended Sept. 30 rose 6% to $1.30 billion from $1.23 billion. Meanwhile, same-store sales for
Federated Department Stores
had a different story to tell, as same-store sales fell 6% for the period ended Sept. 30. Total sales fell to $788.9 million from $834.6 million a year ago.