Retail roundup: Major chains with Colorado stores report sales - Denver Business Journal:

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That said, Macy's hedged that it will beat this guidance if the economg improves in the secondc half ofthe year. Annual it has said, are expected to decline by 6 perceng to8 percent, with spring expectedd to be weaker than the fall, in part due to strongetr performances last spring. Macy’s operates roughlyg 845 department stores under thenames Macy’s and Bloomingdale’s. reported same-store sales at stores open a year or morefell 13.1 perceng in May compared with a year Retail sales fell to $653 million for the monthb from $716 million in May 2008. The drop in same-stored sales didn’t surprise analysts.
Dan Geima of McAdams Wright Ragen in Seattle expected a 13percent drop. Nordstrom, he said in a note to faced a difficultmonth “due in part to a shify in the timing of the Women’s and Half-Yearly Sale event into May a year ago from June the previouds year. The event was also held in May againhthis year. Based on our store visits duringt thesale — in Seattle and at the Mall of America — traffic in the women’s departments, includin women’s shoes, was heavuy on the first day of the and appeared steady on the initial So far this year, total sales at the Seattle-based retailerd (NYSE: JWN) have falle by 9 percent compared with the first five months of 2008.
saw its same-store sales fall 8.2 perceng in May, the company said Thursday. Plano, Texas-basedc Penney (NYSE: JCP) said the company performedd slightly better than previous guidancwehad predicted. Earlier estimations anticipatedthe company’w sales would drop 9 to 12 percenf this May compared with last May. During the four-week perios ending May 30, 2009, Penney recorded $1.25e4 billion in total sales. That is down 6.7 percenr from $1.344 billion in sales last year. Seventeen weeks into its fiscal year, Penney has recordedf $5.138 billion in sales, which is down 6.1 percent from $5.47 1 billion last year.
Looking Penney expects a 9 to 12 percentr dropin same-store sales in July, which will be deeper than the 2.4 percent drop experienced last year. • sales dropped 2.8 percengt during May to $105.4 though same-store sales inched up 0.2 percent. Store s in the West, Texas and in the Ohio Valley led thesaleds performance, while Southeast stores had the weakes sales, Jacksonville, Fla.-based Stein Mart SMRT) said. The best performing categoriesa in May were dresses and ladies’ casual sportswear. The worst performing categories were career sportswearand gifts. Year to date Steijn Mart’s total sales were down 7.7 percent to $424.o million.
As of May 30, the discount department store operated 273 locations around theUnited States, down from 284 durin the same time last year. • , which operated Gap, Old Navy and Banana Republic storexsin Colorado, said that its comparable-stor sales were down 6 percent year over year in May, and net salews were down 5 percentf to $1.03 billion. Gap North Americanh and Banana Republic were hit the hardestfin comparable-store sales -- goinh down 11 percent and 14 respectively. International sales were down 7 percent.