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Bon-Ton Stores February sales down

02
Mar '06
The Bon-Ton Stores Inc has announced total sales for the four weeks ended February 25th 2006 decreased 3.5 percent to $72.2 million compared to $74.8 million for the same period last year. Same store sales decreased 1.6 percent.

James Baireuther, Vice Chairman and Chief Administrative Officer, said, "Although February sales reflect a comparable store sales decrease, we believe our inventory is well-positioned as we transition into spring merchandise assortments, supported by a strong promotional calendar. Total sales were negatively impacted by $1.4 million, reflecting the closing of four unprofitable stores at the end of fiscal 2005, and by a snow storm that hit the northeast the weekend prior to Valentine's Day.”

“For the month, shoes, casual sportswear, children's, and men's sportswear posted sales increases. Based on early indications, customers are responding favorably to the fresh, trend-right spring offerings, particularly in misses sportswear," he added.

The Bon-Ton Stores Inc operates 135 department stores and two furniture stores in 16 states from the Northeast to the Midwest under the Bon-Ton and Elder-Beerman names.

The Bon-Ton Stores Inc


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