A mixed July for US chains

A mixed July for US chains

The following is a general roundup of US apparel and shoe chains’ July 2010 sales results. The list will be updated as new results become available.

Teen retailer Hot Topic announced sales of US$48.4 for the month of July, down 7.4% on the same month last year. Same-store sales declined 9.0% during the period.

Destination Maternity, a maternity apparel retailer, reported that net sales for the month of July 2010 increased 4.0% to $40.0m, and that same-store sales rose 1.4%.

Apparel chain Stage Stores saw total sales for July increase 2.4% to $100m, from $97m in the prior year period. Same-store sales decreased 0.6%.

Victoria’s Secret operator Limited Brands reported a same-store sales increase of 12% for the month. The company posted net sales of $619.7m for the four weeks ended 31 July, compared to net sales of $556.2m last year.

Tandy Leather Factory said that sales for the month of July were $4.6m, up 5% from $4.3m in July 2009.

The Wet Seal, a specialty retailer to young women, reported net sales of $41.1m during July, down 3.9% on the prior year period. Same-store sales fell 4.3%.

Denim chain The Buckle announced that its same-store sales fell 9.3% in July. Net sales for the four-week fiscal month ended 31 July decreased 3.9% to $59.1m.

Retail brand Stein Mart reported net sales of $577.0m for the month, down 5% compared to $607.1 in July 2009. Same-store sales also fell, by 3.0%.

Department store retailer The Bon-Ton Stores announced same-store sales for July down 0.3%. Total sales for the four weeks decreased 0.6% to $177.6m.

Department store Macy’s reported total sales of $1.528bn for the four weeks ended 31 July, an increase of 11.0% compared with July 2009. On a same-store basis, Macy’s sales were up 7.3% in July.

Dillard’s said net sales in July were $425m compared to sales for the four weeks last year of $439m. Sales decreased 3%on a same-store basis.

Trendy chain Abercrombie & Fitch reported net sales of $270.9m for the four-week period, a 17% increase from net sales of $232.3m for the four-week period last year. July same-store sales increased 7%.

Mall-based Aeropostale announced that total net sales for the four-week period ended 31 July 2010 increased 6% to $166.7m. The retailer's same-store sales increased 1% for the month.

Retailer Saks Incorporated announced that owned sales totalled $167.9m for the four weeks ended 31 July, compared to $160.2m in the same month last year, a 4.8% increase. Same-store sales increased 6.4% for the month.

JC Penney Company’s same-store sales decreased 0.6% for the four-week period ended 31 July. It said coming out of a strong selling month in June, sales continued to be strong during the first week of July with the Fourth of July holiday weekend extending into the July reporting period, though became softer for the balance of the month.

Department store chain Kohl’s Corporation reported today that total sales for the month increased 7.1% over the same period last year. On a same-store basis, July sales increased 4.1%.

International chain Gap Inc reported a net sales increase of 3% to $948m for the four-week period. The company’s same-store sales for July 2010 were up 1% compared with an 8% decrease in July 2009.

Fashion chain American Eagle Outfitters announced that total sales for July increased 2% to $219m. Same-store sales were flat for the month, compared to an 11% decrease for the same period last year.

Neiman Marcus said its total revenue rose 13.6% to $226m during July, while same-store sales increased 12.3%.

General merchandiser The TJX Companies said that its sales for the four-week period ended 31 July were $1.5bn, up 6% over June last year. Consolidated same-store sales for the month increased 6% over last year.

Value fashion retailer The Cato Corporation reported sales of $62.7m for the four weeks ended 31 July, an increase of 4% over sales of $60.4m for the same period last year. Same-store sales for the month increased 2%.

Ross Stores reported that sales increased 7% to $573m for the four weeks ended 31 July, up from $538m for the four weeks ended 1 August. Same-store sales for the month grew 2% on top of a 4% increase in the prior year.