J.C. Penney’s Internet-based sales grow 29% in May
Internet-based sales for J.C. Penney Co. Inc. reached $18 million in May, up 29% from last May’s $14 million. The figure is .8% of J.C. Penney corporatewide sales. Year to date web sales totaled $91 million, up 49% from last year’s YTD web sales of $61 million.
The company today announced that on a comparable store basis, department store sales for the four weeks ended May 26 decreased 1.2% from the
same period last year. The best performing
merchandise categories for the month were women`s apparel and women`s
accessories. Total department store sales for May decreased 4.5% to
$987 million from $1.03 billion in the 2000 period.
Comparable drugstore sales increased 8.3% for the
month. Pharmacy comparable store sales increased 12.4% and comparable
front-end sales increased 1%. Front-end sales were strongest for
food and snacks, household products, seasonal merchandise, and cosmetics.
Total drugstore sales for May increased 7.1% to $1.06 billion from
$996 million in the 2000 period.
Catalog sales for May decreased 14.1% from May 2000.
Total preliminary sales for the Company for the four weeks ended
May 26 decreased 0.5% to $2.274 billion from $2.286 billion in
last year`s period.
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