Department Stores Take Comp Lead in February

摘要

The major department stores got their new fiscal calendars off to a strong start in February, with most of them posting mid- to high-single digit comp increases, followed by off-price chains and discounters, which saw more modest low-single digit gains in comps for the month. Of the 13 key retailers tracked monthly by HTT, only two - regional department store chains Dillard's and The Bon-Ton Stores - suffered losses, although only minor declines of 1.0% and 0.5%, respectively.