>>
Home / Knowledge / News / Fashion / Same-store sales up in Oct at footwear retailer Payless

Same-store sales up in Oct at footwear retailer Payless

05
Nov '05
Leading specialty family footwear retailer Payless ShoeSource Inc reported that same-store sales increased 4.0 percent during the October reporting period, the four weeks ended October 29, 2005.

Company sales totaled $212.5 million, a 1.1 percent increase from $210.1 million during fiscal October of last year.

Total sales for the first nine months of fiscal 2005 were $2.06 billion, compared with $2.05 billion during the similar period in fiscal 2004. Same- store sales increased 2.4 percent during the first nine months of the fiscal year.

Matt Rubel, Chief Executive Officer and President informed that they are pleased with their October results. Customers reacted positively to the company's fall merchandise during the month, as indicated by the solid sales performance.

The company remains committed to its goal of achieving low single-digit positive same-store sales growth through more consistent execution of its merchandise strategy to inspire fun, fashion possibilities for the family.

As of November 2nd, 23 stores remain closed in areas impacted by Hurricane Katrina, and 5 stores remain closed from the impact of Hurricane Rita. Store closings related to Hurricane Wilma peaked at approximately 120 stores; 32 of those stores remain closed.

Family footwear and accessories seller Payless ShoeSource Inc operates a total of 4,626 stores, which includes the 60 stores closed due to Hurricanes Katrina, Rita and Wilma. Payless stores offer quality family footwear and accessories at affordable prices. Company offers family footwear and accessories including women's shoes, men's shoes, girl shoes, boy shoes, infant shoes and back to school shoes.

Payless ShoeSource Inc


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Jan 2022

Supply bottlenecks, high prices, omicron affect growth prospects: ECB

The global economy is on a recovery path, although persisting supply...

Pic: Shutterstock

Textiles | On 19th Jan 2022

Inflation peaks months earlier in Turkey than expected

Turkish finance minister Nureddin Nebati said inflation would peak in ...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Noemi Sanchez,

Noemi Sanchez

Established since 1846, Evlox is a specialised denim manufacturer with its ...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

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

ESTEEMED CLIENTS

Walmart
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Grasim Industries Limited
Phong Phu international JSC (PPJ)
G-Star Raw C.V.
KAS Direct Sourcing
Under Armour Global Sourcing Ltd
T.T. Limited
Gatsby Africa
Decathlon
Benetton Group
Brandix Lanka Limited
Splash
Truetzschler India Private Limited
Asos
MAS Active / MAS Kreeda / MAS Bodyline
Maceton Limited
PVH Corporation

January 2022

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


Advanced Search