USA: Jos. A. Bank Posts Nine Per Cent Comp Store Sales Increase
Jos. A. Bank Clothiers, Inc announced that its comparable store sales in November 2000 increased nine per cent, representing one of the highest increases in the industry. This increase was on top of a six per cent increase in November 1999. Total sales for the month ended November 25, 2000 increased 10.6 per cent to $20.9m compared to $18.9m in the same period in 1999. Also in November 2000, Internet sales increased 197 per cent and catalogue sales decreased nine per cent.
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