US: Retailers' July 2009 sales roundup
The following is a general roundup of US apparel and shoe chains' July 2009 sales results. The list will be updated as new results become available.
Action sportswear retailer Zumiez announced that total net sales for the month of July fell 5.6% to $29.9m. The company's same-store sales decreased 16.8% for the four-week period.
Teen fashion chain Hot Topic said sales for July fell 6.9% to $52.3m. Same-store sales were down 8.5% during the month.
Apparel retailer Stage Stores reported a 10.1% drop in total sales, to $97m. Same-store sales were down 11.9% this year versus a decrease of 6.2% last year.
Destination Maternity Corporation said its July sales fell 8.4% to $38.5m. Same-store sales for the month were down 8.3% on a reported basis.
Fashion chain The Buckle posted a 2.8% rise in same-store net sales for the four-week period, while net sales climbed 7.9% to $61.5m.
At fashion footwear chain Bakers Footwear Group, July sales dropped to $11.3m, from $11.9m in the same period last year - a fall of 5.0%. Same-store sales decreased 5.5%, compared to an increase of 16.7% in the prior year period.
The Wet Seal Inc, a specialty retailer to young women, saw net sales down 8% to $42.7m, and same-store sales down 12.1% for the month of July.
The Children's Place Retail Stores announced a 3% decline in its net sales to $102.1m, down from $105.6m a year earlier. Same-store sales, which include online sales, were down 4% in the month.
Fashion apparel chain Stein Mart reported total sales of $73.3m, down 9%, and same-store sales down 5.5%.
Global retailer Gap Inc reported net sales of $924m for the four-weeks to 1 August, a 7% decrease over last year. The company's same-store sales for July were down 8%, following an 11% drop in July 2008.
Clothing chain American Eagle Outfitters saw an 8% drop in its total sales for the four week period, falling to $215.0m from $232.8m last time. Same-store sales fell 11% for the month, compared to a 7% decrease last year.
Fashion operator Abercrombie & Fitch reported net sales of $236.0m, down 22% on the same month last year. July same-store sales tumbled 28%.
At mall-based casual wear retailer Aeropostale, total net sales for the four-week period increased 13% to $156.8m. Same-store sales were up 6% for the month, compared to an increase of 13% a year ago.
Luxury chain Nordstrom saw its same-store sales for July fall 6.9% compared with the same period last year. Its total retail sales were down 4.1% to $806m.
July sales at Ross Stores increased 8% to $538m from $499m in the same month last year. Same-store sales rose 4% on top of a 4% gain in the prior year.
Women's fashion retailer The Cato Corporation posted sales of $60.4m, down 3% year-on-year. Same-store sales dropped 3%.
Branded fashion retailer The Bon-Ton Stores said same-store sales fell 9.8% compared with the prior year period. Total sales for the four weeks were down 9.6% to $178.8m.
Macy's reported total sales of $1.377bn for the four week period, a decrease of 10.7%. On a same-store basis, Macy's sales also were down 10.7% in July.
Apparel and home furnishings retailer Dillard's said merchandise sales for the four weeks ended 1 August were $439m - a 15% drop. Same-store sales fell 12% during the month.
July sales at off-price retailer The TJX Companies were $1.42bn, up 5% over the $1.36bn achieved in the same month last year. Same-store sales rose 4%.
Department store retailer Saks said owned sales totaled $159.7m for the four weeks, compared to $187.7m a year ago - a drop of 14.9%. Same-store sales fell 16.3% for the month.
Meanwhile, JC Penney Company reported same-store sales down 12.3% for the month. Total company sales in July decreased 10.6%.
Department store operator Kohl's Corporation saw total sales for July rise by 5.2% from last year. On a same-store basis, sales increased 0.4%.
General retailer Target Corporation posted a 3.2% drop in its net retail sales for the four weeks to 1 August 2009, down to $4,418m. July same-store sales dropped 6.5%, it said.
And American Apparel saw total sales fall 13% in July over the year-ago period. However, same-store sales increased 25% in the month, when it opened five new stores.
Companies: Zumiez Inc, Hot Topic Inc, Stage Stores Inc, Destination Maternity, Buckle Inc, Bakers Footwear Group Inc, Wet Seal Inc, Victoria’s Secret, Limited Brands, Children’s Place Retail Stores Inc, Stein Mart, Gap Inc, American Eagle Outfitters, Aeropostale Inc, Nordstrom Inc, Ross Stores Inc, Cato Corporation, Bon-Ton Stores Inc, Dillard’s Inc, TJX Companies Inc, Saks Incorporated, JC Penney Company Inc, Kohl’s Corporation, Target Corporation
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