Interviews
News Flash
Fall merchandise offering boosts sales of United Retail
06 Oct '06
2 min read
United Retail Group Inc. announced that net sales increased 11% to $40.1 million during September 2006 from $36.9 million during September 2005. Comparable store sales increased 9% for the month.
Net sales increased 8% for the fiscal quarter to date to $66.5 million from $62.7 million in the same period last year. Comparable store sales increased 6% for the fiscal quarter to date.
Net sales increased 6% for the fiscal year to date to $296.8 million from $283.9 million in the same period last year. Comparable store sales increased 5% for the fiscal year to date.
Comparable store sales data does not include online (“Shop @ Home”) sales. Shop @ Home sales increased 48% for the month of September, 41% for the fiscal quarter to date and 54% for the fiscal year to date.
Raphael Benaroya, the Company's Chairman, President and Chief Executive Officer, commented, “I am pleased with our September sales performance, which achieved record sales for both the business and per average store although we were somewhat more promotional than last year. The 9% comparable store sales increase is on top of a 4% increase in September 2005. Both our transactions per store and Shop @ Home sales continued to grow year over year. Satisfied with the customer acceptance of our early Fall merchandise offering, we look forward to the remainder of the Fall selling season.”
United Retail Group Inc. is a specialty retailer of large-size women's fashion apparel, footwear and accessories featuring AVENUE® brand merchandise. The Company operates 491 AVENUE® stores with 2,162,000 square feet of selling space.
Net sales increased 8% for the fiscal quarter to date to $66.5 million from $62.7 million in the same period last year. Comparable store sales increased 6% for the fiscal quarter to date.
Net sales increased 6% for the fiscal year to date to $296.8 million from $283.9 million in the same period last year. Comparable store sales increased 5% for the fiscal year to date.
Comparable store sales data does not include online (“Shop @ Home”) sales. Shop @ Home sales increased 48% for the month of September, 41% for the fiscal quarter to date and 54% for the fiscal year to date.
Raphael Benaroya, the Company's Chairman, President and Chief Executive Officer, commented, “I am pleased with our September sales performance, which achieved record sales for both the business and per average store although we were somewhat more promotional than last year. The 9% comparable store sales increase is on top of a 4% increase in September 2005. Both our transactions per store and Shop @ Home sales continued to grow year over year. Satisfied with the customer acceptance of our early Fall merchandise offering, we look forward to the remainder of the Fall selling season.”
United Retail Group Inc. is a specialty retailer of large-size women's fashion apparel, footwear and accessories featuring AVENUE® brand merchandise. The Company operates 491 AVENUE® stores with 2,162,000 square feet of selling space.
United Retail Group Inc
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
