Sales for the 17 weeks ended May 27, 2000 increased 26.8% to $594.2 million from $468.6 million in the comparable year-earlier period. Same store sales increased 5.7%.
The above figures exclude sales of the Filene's Basement Stores acquired effective March 17, 2000. Sales for these stores, excluding licensed departments, totaled $19.5 million for the four weeks ended May 27, 2000 and $44.8 million for the period March 17, 2000 through May 27, 2000.
Value City
Department Stores, Inc. is a leading off-price retailer currently operating
118 full-line department stores in the midwest, mid-Atlantic and southeastern
U.S., 17 Filene's Basement Stores primarily in the northeastern U.S. as well
as 60 better-branded DSW Shoe Warehouse Stores in major metropolitan areas throughout
the country.
For
More Information Contact:
James McGrady
Phone: (614) 478-2300
Value City Department Stores, Inc.
3241 Westerville Road, Columbus, OH 43224