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Off-price retailer Retail Ventures Jan sales improve 10.5%

03
Feb '06
Off-price retailer Retail Ventures Inc announced total sales for the four weeks ended January 28, 2006 increased 10.5 percent to $153.1 million from $138.6 million for the four weeks ended January 29, 2005.

The company's same store sales increased 5.6 percent for the four week period.

Total sales for the fifty-two weeks ended January 28, 2006 increased 6.3 percent to $2.91 billion from $2.74 billion for the fifty-two weeks ended January 29, 2005.

The company's same store sales increased 0.5 percent for the fifty-two week period.

Previously, the Company had provided monthly comparable store sales results.

Beginning in fiscal 2006, the Company will only announce comparable store results on a quarterly basis.

Retail Ventures Inc is a leading off-price retailer currently operating 113 Value City Department Stores in the Midwest, mid-Atlantic and southeastern US, 27 Filene's Basement Stores in the Northeast and 199 better-branded DSW stores in major metropolitan areas throughout the country.

DSW also supplies, under supply arrangements, to 213 locations for other non-related retailers in the United States.

Retail Ventures Inc


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