Sales for the 22 weeks ended July 1, 2000 increased 25.0% to $771.7 million from $617.4 million in the comparable year-earlier period. Same store sales increased 4.6%.
The above figures exclude sales of the Filene's Basement Stores acquired effective March 17, 2000. Sales for these stores, excluding licensed departments, totaled $24.0 million for the five weeks ended July 1, 2000 and $72.1 million for the period March 17, 2000 through July 1, 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 62 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