News

Mild weather puts dampener on December Footstar sales

07/01/2002

Unseasonably warm weather and the continuing weakness in the US economy have been blamed by the US footwear and apparel retailer Footstar for its disappointing December sales figures.

Year on year, total sales in the company’s athletic segment were down 2.5% to $119.2 million from $122.3 million, with comparable store sales falling 5.7% overall. Comparable store sales through the company’s 6765-strong chain of ‘Meldisco’ licensed footwear departments were especially hard hit, falling 9.1%.

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