The May Department Stores Company (NYSE: MAY) today reported preliminary net retail sales of $1.35bn for the four-week period ended November 25, 2000, a 6.7 per cent increase over $1.27bn in the similar period last year. Store-for-store sales increased 2.8 per cent.
Sales for the first 10 months of fiscal 2000 were $10.86 billion, up 4.1 per cent over $10.44bn during the first 10 months of fiscal 1999.
Sales exclude the sales of stores that have been closed and not replaced and include lease department sales. Store-for-store sales represent sales of those stores open during both years. David's Bridal sales are included in total sales since the acquisition date, but are not included in store-for-store sales.
During November, May opened a new Foley's store at South Park Mall in
San Antonio, completing its plan to open 23 new department stores in 2000. David's Bridal opened four new stores, bringing to 22 its new openings to date for the year. David's Bridal plans to open one additional store this year.
The May Department Stores Company operates 429 department stores and 122 David's Bridal stores in 43 states, the District of Columbia, and Puerto Rico.
Sales for the first 10 months of fiscal 2000 were $10.86 billion, up 4.1 per cent over $10.44bn during the first 10 months of fiscal 1999.
Sales exclude the sales of stores that have been closed and not replaced and include lease department sales. Store-for-store sales represent sales of those stores open during both years. David's Bridal sales are included in total sales since the acquisition date, but are not included in store-for-store sales.
During November, May opened a new Foley's store at South Park Mall in
San Antonio, completing its plan to open 23 new department stores in 2000. David's Bridal opened four new stores, bringing to 22 its new openings to date for the year. David's Bridal plans to open one additional store this year.
The May Department Stores Company operates 429 department stores and 122 David's Bridal stores in 43 states, the District of Columbia, and Puerto Rico.
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