Retail sales statistics are as follows:
| Month Ended ($ in thousands) | ||||||
| March 3, 2001 | March 4, 2000 | |||||
| $ | % | $ | % | |||
| Sales | ||||||
| Value City Department Stores | $92,985 | 66.5 | $91,118 | 80.0 | ||
| DSW | 29,461 | 21.0 | 22,745 | 20.0 | ||
| Filene's Basement | 17,444 | 12.5 | - | - | ||
| $139,890 | 100.0 | $113,863 | 100.0 | |||
| Comparable Sales | ||||||
| Value City Department Stores | (8.0)% | 5.7% | ||||
| DSW | (0.6)% | 15.0% | ||||
| Filene's Basement | - | - | ||||
| (6.5)% | 7.2% | |||||
Value City Department Stores, Inc. is a leading off-price retailer currently operating 119 full-line department stores in the Midwest, mid-Atlantic and southeastern U.S., 19 Filene's Basement Stores and 79 better-branded DSW Shoe Warehouse Stores in major metropolitan areas throughout the country.
The Company cautions that members of management may make certain forward-looking statements based upon the Company's current expectations or beliefs. We caution investors that our actual results may differ materially from our current expectations and beliefs based on the risk factors described in the reports we file with the SEC.
SOURCE: Value City Department Stores, Inc.
For
More Information Contact:
James McGrady
Phone: (614) 478-2300
Value City Department Stores, Inc.
3241 Westerville Road, Columbus, OH 43224