Home / Knowledge / News / Apparel/Garments / Apparel retailer Cato's same store sales grow 3% in June
Apparel retailer Cato's same store sales grow 3% in June
10
Jul '14
The Cato Corporation reported sales of $92.0 million for the five weeks ended July 5, 2014, a 7% increase over sales of $86.1 million for the five weeks ended July 6, 2013.  Same-store sales for the five-week period increased 3%.
 
Sales for the twenty-two weeks ended July 5, 2014 were $460.9 million, up 6% over sales of $435.0 million for the twenty-two weeks ended July 6, 2013.  The Company's year-to-date same-store sales increased 3%.
 
"June same-store sales were in line with our year-to-date trend," commented John Cato, Chairman, President, and Chief Executive Officer.  
 
During the month of June, the Company opened three stores and relocated one store.  New stores opened in Mason City, IA, State College, PA and Richmond, VA.  The relocated store is in Charleston, SC.  As of July 5, 2014, the Company operated 1,328 stores in 32 states, compared to 1,306 stores in 31 states as of July 6, 2013.
 
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion".  The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.  
 

Cato Corporation


Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search