September 3, 2004, 12:00 AM

Penney’s web sales growth in August outstrips total sales growth

Internet sales at J.C. Penney Co. Inc. increased 35% in August over August of last year, the company has reported. Total sales for the month were up 4.3% to $1.54 billion.

 

Internet sales at J.C. Penney Co. Inc. increased 35% in August over August of last year, the company has reported. Total sales for the month were up 4.3% to $1.54 billion in August from $1.47 billion last August. Comparable department store sales were up 3.8%.

The company doesn’t break out Internet sales by dollars, but reports that combined catalog/Internet sales were up 6%to $194 million in August from $183 million a year ago.

“Sales reflected good customer response to back-to-school merchandise assortments as well as the Home marketing event, and represented the fourth consecutive year of solid August performance,” the company said in its earnings release.

For the seven months of the year, catalog/Internet sales were up 3.1% to $1.37 billion from $1.33 billion while department store sales were up 7.4% to $8 billion from $7.5 billion. Total sales were up 6.8% to $9.4 billion from $8.8 billion

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Tony DiCostanzo / B2B E-Commerce

B2B e-commerce in a B2C world

Companies that sell online to other companies can learn a lot from looking at the ...

FPO

Vebeka Guess / E-Commerce

Three online shopping trends to note this holiday season

Lessons from the 2013 holiday season point the way for effective marketing tactics in the ...

Advertisement