- Target Corp. reported that same-store sales for the five weeks ended Jan. 4 fell 0.3 percent, as total sales for the month rose 7.6 percent to $7.04 billion from $6.54 billion. Same-store sales at Target stores rose 1 percent for the month.
- BJ's Wholesale Club reported a 0.8 percent rise in December same-store sales. Total sales in the five weeks ended Jan. 4 reached $765.5 million, up from $689.4 million a year earlier.
- Sam's Club same-store sales fell 2.3 percent in December, on total sales of $3.747 billion for the December period, up from $3.651 billion a year ago.
- Wal-Mart de Mexico (Walmex) reported that December same-store sales fell 1.9 percent, while same-store sales for the full year 2002 were up 3.7 percent. The drop, according to the company, came because it lost a contract that had vouchers for its stores handed out to hundreds of thousand of employees.
Walmex total sales in December were the equivalent of $1.4 billion (US), up five percent from the same period a year ago. Walmex said it will report fourth-quarter and full 2002 earnings on Feb. 10.
- Carrefour SA reported that 2002 sales dropped 1.6 percent to the equivalent of $80.5 billion (US), from $81.9 billion a year ago. Revenue in the fourth quarter fell 1.7 percent to $22 billion (US).
- Family Dollar Stores Inc. reported that December same-store sales rose 2.2 percent, as total sales for the five weeks ended Jan. 4 rose 12.8 percent to $599.3 million from $531.4 million last year. For the 18 weeks ended Jan. 4, same-store sales rose 2.7% percent, while total sales increased 13.2 percent to $1.71 billion from $1.51 billion last year.
