Page
5
July Retailers' Sales Review
The Cato Corporation reported sales of $60.7m for the four weeks ended
August 4, an increase of 1% over sales of $60.3m last year. Same-store sales for the month decreased 5%.
Gap reported net sales of $1.054bn for the four-week period of July, which is an increase of 1% compared to the corresponding period last year. The company's same-store sales for July 2007 decreased 7% compared with a 4% decrease as reported in July last year.
Abercrombie & Fitch reported net sales of US$296.4m for the four-week period ended, a 29% increase over net sales of $230.0 for last year. July same-store sales decreased 4% for the four-week period.
Gottschalks announced that same-store sales for the month of July 2007 decreased 3.9% from the prior year. Total sales for the month decreased 5.5% to $41.1m from $43.4m in July 2006.
JC Penney total company sales increased 13.3% for the four weeks of July, including a 13.6% increase in total department store sales. Same-store sales increased 10.8%.
Ross Stores reported sales of US$450m for the four weeks ended
August 4, a 9% increase over July 2006. Same-store sales grew 1% compared to last year's month.
Chico’s July sales increased 10.4% to $121.4m from $110.0m reported for the four-week period ended July
29, 2006. Same-store sales for the month decreased 6.7% for the four-week period ended.
The TJX Companies reported July 2007 sales of $1.3bn, up 8% over the $1.2bn last year. Same-store sales for the four-week period ended increased 5% over 2006.
Aeropostale announced that total net sales increased 17.7% to $111.7m for the four-week period, while same store sales for the month decreased 11.9%.
Mothers Work, the maternity apparel retailer, said that net sales for the month of July 2007 decreased 10.1% to $42.2m from $47.0m reported for the month of July 2006. Same-store sales decreased 9.4%, based on 1,388 locations, versus a same-store sales increase of 3.9% based on
1,470 locations for July last year.
AnnTaylor Stores Corporation said that for the four-week period net sales increased 2.8% to $161.0m and same-store sales for the July 2007 period decreased 5.0%.
Saks Incorporated announced that owned sales totaled $201.4m, a 16.8% increase. Same-store sales increased 14.9% for the four-week period.
Kohl’s Corporation reported that sales for the four-week period increased 7.7% over the four-week period last year. On a same-store basis, sales were flat to last year.
Stein Mart reported for July, net sales were $84.5 - slightly up from $82.8 in the same month last year. Same-store sales at the retailer were up 2%, it reported.
Nordstrom reported preliminary sales of $900.5m for the four-week period, an increase of 6.9% on July 2006. Same-store sales increased 9.4%.
The Bon-Ton Stores, announced total sales decreased 7.6% to $194.3m, with Bon-Ton and Carson's combined same-store sales down 7.6%.
Christopher & Banks Corporation posted July total sales of $53.8m compared to $49.6m in the corresponding period last year. July same-store sales increased 4%
Limited Brands said that same-store sales for the four week period decreased 3% compared to the same period last year. The company reported net sales of $644.5m for the four weeks ended
August 4.
The Buckle announced that net sales increased 30.3% to $44.3m for July, while same-store net sales, for stores open at least one year, increased 7.6%.
Stage Stores that its total sales for July period increased 7.0% to $109.2m from $102.1m for the prior year four-week July period. Same-store sales for the month decreased 1.7% versus an increase of 6.2% last year.
United Retail Group announced that net sales decreased 5% to $31.2m during July, while same-store sales decreased 6% for the month versus a 4% increase in July 2006.
Zumiez announced that total net sales for the month increased 42.4% to $28.2m. The company's same-store sales increased 9.7% for the four-week period.
Macy’s reported total sales of $1.602bn, a decrease of 0.2% compared to the same period last year. On a same-store basis, Macy's sales were down 1.4% for the month.
Dillard’s announced that sales for the four week July period were $500.3m compared to sales for July 2006 of $527.6m, decreasing 5%. Sales in comparable stores decreased 6%.

17/24
How
Many Dogs Does It
Take To Change a Light Bulb?
1. Golden Retriever: The sun is shining, the day is young, we've got our whole
lives ahead of us, and you're inside worrying about a stupid burned out bulb?
2. Border Collie: Just one. And then I'll replace any wiring that's not up to
code.
3. Dachshund: You know I can't reach that stupid lamp!
4. Rottweiler: Make me.
5. Boxer: Who cares? I can still play with my squeaky toys in the dark.
6. Lab: Oh, me, me!!!!! Pleeeeeeeeeze let me change the light bulb! Can I? Can I? Huh? Huh? Huh? Can I? Pleeeeeeeeeze, please, please, please!
7. German Shepherd: I'll change it as soon as I've led these people from the dark, check to make sure I haven't missed any, and make just one more perimeter patrol to see that no one has tried to take advantage of the situation.
8. Jack Russell Terrier: I'll just pop it in while I'm bouncing off the walls and furniture.
9. Old English Sheep Dog: Light bulb? I'm sorry, but I don't see a light bulb!
10. Cocker Spaniel: Why change it? I can still pee on the carpet in the dark.
11. Chihuahua: "We don't need no stinking light bulb."
12. Greyhound: It isn't moving. Who cares?
13. Australian Cattle Dog: First, I'll put all the light bulbs in a little circle...
14. Poodle: I'll just blow in the Border Collie's ear and he'll do it. By the time he finishes rewiring the house, my nails will be dry.
How many cats does it take to change a light bulb?
Cats do not change light bulbs. People change light bulbs. So, the real question is:
"How long will it be before I can expect my light?"
ALL OF WHICH PROVES, ONCE AGAIN, THAT WHILE DOGS HAVE MASTERS, CATS HAVE STAFF!
*
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Royal Plaza Trade Center, Marlboro, Mass
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September 1st, 2007