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US: Retailers' January 2011 sales roundup

By | 3 February 2011

The following is a general roundup of US apparel and shoe chains' January 2011 sales results. The list will be updated as new results become available.

General merchandiser The TJX Companies said sales for January were $1.35bn, up 8% over the same month last year. Same-store sales for the four-week period ended 29 January increased 2%.

Retailer Saks Incorporated announced that owned sales totaled $163.6m for the four weeks ended 29 January, a 3% increase. Same-store sales increased 4.4% for the month.

Luxury retailer Nordstrom reported a 4.8% increase in same-store sales for the four-week period. Preliminary total retail sales of $607m for January 2011 increased 11.8%.

Neiman Marcus reported that its total Revenues for January increased 6.3% to US$1,172m. The retailer's same store sales rose 6% in the period.

American Eagle Outfitters announced total sales for the four weeks ended 29 January decreased 9% to $145m. Same-store sales decreased 6% for the month.

Gap Inc reported that January 2011 net sales increased 6% compared with last year, to US$843m. The company’s same-store sales were up 1% during the month.

Dillard’s said its sales for the month of January were $376m, compared to sales for the same period of last year $353.9m, an increase of 6%. Same-store sales increased 6% for the month too.

Department store Macy’s reported total sales of $1.310bn for the four weeks ended January 2011, an increase of 4.6%. On a same-store basis, Macy’s sales were up 2.6% in January.

Stein Mart reported same-store sales for January down 1.2%. Total sales for the January four-week period were $62.8m, a decrease of 1.6% from $63.8m in the same period of 2010.

Department store chain J C Penney, meanwhile, said its same-store sales for January decreased 1.2%. Total sales fell 3.9% to $903m during the month.

Ross Stores reported sales for January 2011 of $441m, an increase of 7% over the same month last year. Same-store sales for the four weeks grew 3% on top of an 8% gain in the prior year period.

Mall-based Aeropostale announced that total net sales for the four-week period increased 7% to $120.4m. The company's same store sales increased 1% for the month.

Apparel retailer The Bon-Ton Stores announced same-store sales for the four weeks increased 0.3%. Total sales of $180.1m for the four weeks were even with the prior year period.

Shoe retailer Bakers Footwear Group said net sales were $11.5m, a decrease of 3.2% from January last year. Same-store sales for the four-week January 2011 period decreased 1.3%.

The Wet Seal, a specialty retailer to young women, posted total sales up 14.6% to $35.4m. Its same-store sales decreased 3.7%, the company said.

Tandy Leather Factory reported today that sales for the month of January were $5.1m, up 12% compared to January 2010 sales.

The Cato Corporation reported sales of $51.9m for January, flat compared to the four weeks ended 30 January. Same-store sales for the month decreased 4% from the prior year.

Victoria's Secret operator Limited Brands reported a same-store sales increase of 24% for the month. The company reported net sales of $772.6m for the four weeks, compared to $622.6m in the same month last year.

Trendy chain Abercrombie & Fitch reported net sales of $234.1m for January, a 6% increase from last year. Its January same-store sales decreased 4%.

Sectors: Apparel, Finance, Retail

Companies: The TJX, Saks, Nordstrom, Neiman Marcus, American Eagle, Gap Inc, Stein Mart, Ross Stores, Aeropostale, The Bon-Ton Stores, Bakers Footwear, The Wet Seal, The Cato Corporation, Victoria’s Secret, Limited Brands

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