Sharper Image continues to decline in monthly sales report
Sharper Image Corp. again posted lower year-over year numbers in reporting May sales in its total, Internet, store and direct channels. For May, total sales were down 27% to $24.1 million from $32.9 million a year ago. Internet sales were $3.2 million compared to last May’s $5.2 million, a decrease of 40%.
Total store sales were down 9% to $17.8 million from $19.5 million in the prior May, while comparable store sales in May decreased 8%. Total catalog/direct marketing sales, including wholesale, dropped 61% to $3.2 million from last May’s $8.3 million.
The company did not report financial results. Sharper Image, last year No. 87 in the Internet Retailer Top 500 Guide, has dropped to No. 122 in this year’s rankings.
At J. C. Penney Co. Inc. Internet sales jumped approximately 15%, on top of an increase of about 27% last year. Total direct sales decreased 5.1% in May, in line with guidance for sales to decline low- to mid-single digits, and a 1.6% increase last year. Penney said sales in the direct segment continue to be affected by softness in higher-ticket home categories and the Spring/Summer Big Book.
J.C. Penney is No. 12 in the Internet Retailer Top 500 Guide.
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