USA: Dress Barn Suffers Q2 Sales Slip
Specialty retailer of women's fashions The Dress Barn Inc on Thursday reported a two per cent slip in second quarter sales to $167.4 million from $171.2m in the year-ago period. The New York-based operator of more than 750 stores said same-store sales slipped two per cent while total sales for January edged up one per cent to $28.7m from $28.3m although monthly same-store sales fell five per cent.