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Article: Borders Group Holiday Sales Increase By 3.9%; Same-Store Sales Up By 2.4% at Domestic Borders Superstores.
- Article from:
- PR Newswire
- Article date:
- January 10, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ANN ARBOR, Mich., Jan. 10 /PRNewswire-FirstCall/ -- Borders Group, Inc. today reported results from the nine-week holiday period ended Jan. 5, 2008. At $1.1 billion, total consolidated sales from continuing operations were up by 3.9% over the same period last year.
Within domestic Borders superstores, total sales for the period were $755.4 million, which is a 6.5% increase over last year. Comparable store sales in the segment for the period increased by 2.4% as both customer transaction count and average ticket increased. The book category was solid with a 3.4% same-store sales increase. With all Seattle's Best Coffee cafe conversions completed, same-store ...