Sales for the 30 weeks ended August 26, 2000 increased 23.8% to $1.053 billion from $850.2 million in the comparable year-earlier period. Same store sales increased 3.9%.
The above figures exclude sales of the Filene's Basement Stores acquired effective March 17, 2000. Sales for these stores, excluding licensed departments, totaled $20.3 million for the four weeks ended August 26, 2000 and $110.1 million for the period March 17, 2000 through August 26, 2000.
Value City Department Stores, Inc. is a leading off-price retailer currently
operating 120 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 65 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