Special Reports

May Co.

39512

Published

19 years ago

April 8, 2005

admin1

The May Department Stores Co. (St. Louis) has reported a preliminary 8.3 percent increase in net sales for the five-week period ended April 2, 2005. Same-store sales decreased 10.8 percent.

The department store company, about to become part of Federated Department Stores Inc. (Cincinnati), said sales comparisons in March were adversely affected by the movement of a major sales promotion event from the last week of fiscal March 2004 to the first week of fiscal April 2005. The company anticipates its April sales performance will benefit from this calendar shift.

Net sales for the first two months of fiscal 2005 were up 11 percent.

During March, May opened a Robinsons-May store at Imperial Valley Mall in El Centro, Calif., and May’s Bridal Group opened two After Hours Formalwear stores.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design