Stage Stores Reports Positive Holiday Sales
Stage Stores, who operate under store banners such a Beall’s, Goody’s, Palais Royal, Peebles and Stage, offers moderately priced brand name apparel, accessories, cosmetics and footwear. They are reporting a strong holiday sales season for 2014. Official fourth quarter and full year 2014 results will be reported March 3, but Stage is reporting same store sales for the nine week period ending January 3, 2015 at an increase of 6.5%.
“We are very pleased with our holiday sales and margin performance. Footwear, women’s and cosmetics categories were especially strong. Our customers responded well to our holiday assortment, marketing, promotions and strategic initiatives in store and in our direct-to-consumer business, “ said Michael Glazer, President and CEO at Stage Stores, Inc.
Source: Retailing Today