Teen Retailers Drive Sales
Sep 01, 8:02 AM EDT |
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| Back-to-school season boosted the sales of the teen-oriented retailers, but most adult-oriented chains lagged in August. |
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| Among the companies releasing upbeat results, Mothers Work Inc. posted a 5% increase in August comparable store sales, while Bebe Stores said same-store sales rose 12.5%, exceeding estimates of 11.4% increase. Limited Brands also topped estimates reporting same-store sales growth of 9%. Pier 1 Imports posted a 9.1% drop in August same-store sales. |
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