Value City Department Stores, Inc. Reports March Sales

Apr 11, 2001, 01:00 ET from Value City Department Stores, Inc.

    COLUMBUS, Ohio, April 11 /PRNewswire/-- Value City Department Stores, Inc.
 (NYSE:   VCD) Announced today total sales for the five weeks ended April 7,
 2001, increased 13.1% to $207.1 million from $183.1 million for the five weeks
 ended April 1, 2000.  The company's same store sales decreased 5.4% for the
 five weeks ended April 7, 2001.
     Sales for the nine weeks ended April 7, 2001, increased 20.0% to
 $347.0 million from $289.3 million for the nine weeks ended April 1, 2000.
 The company's same store sales decreased 5.9% for the nine weeks ended
 April 7, 2001.  Sales for periods below include Filene's Basement stores
 acquired March 17, 2000.
 
     Retail sales statistics are as follows:
 
                                          Five Weeks Ended ($ in thousands)
                                           April 7, 2001     April 1, 2000
                                             $        %        $        %
      Sales
                 Value City Department
                  Stores                  $137,092    66.2  $138,610    75.7
                 DSW                        46,291    22.4    35,292    19.3
                 Filene's Basement          23,725    11.4     9,197     5.0
                                          $207,108   100.0  $183,099   100.0
      Comparable Sales
                 Value City Department
                  Stores                              (6.5)%            (0.5)%
                 DSW                                  (1.3)%            17.9%
                 Filene's Basement                       -                 -
                                                      (5.4)%             2.4%
 
                                             Nine Weeks Ended ($ in thousands)
                                              April 7, 2001     April 1, 2000
                                                $        %        $        %
      Sales
                  Value City Department
                   Stores                    $230,077    66.3  $224,130   77.5
                  DSW                          75,732    21.8    55,948   19.3
                  Filene's Basement            41,169    11.9     9,197    3.2
                                             $346,978   100.0  $289,275  100.0
      Comparable Sales
                  Value City Department
                   Stores                                (7.1)%            1.9%
                  DSW                                    (1.0)%           16.8%
                  Filene's Basement                         -                -
                                                         (5.9)%            4.2%
 
     Value City Department Stores, Inc. is a leading off-price retailer
 currently operating 119 full-line department stores in the Midwest, mid-
 Atlantic and southeastern U.S., 19 Filene's Basement Stores and 81 better-
 branded DSW Shoe Warehouse Stores in major metropolitan areas throughout the
 country.
 
 

SOURCE Value City Department Stores, Inc.
    COLUMBUS, Ohio, April 11 /PRNewswire/-- Value City Department Stores, Inc.
 (NYSE:   VCD) Announced today total sales for the five weeks ended April 7,
 2001, increased 13.1% to $207.1 million from $183.1 million for the five weeks
 ended April 1, 2000.  The company's same store sales decreased 5.4% for the
 five weeks ended April 7, 2001.
     Sales for the nine weeks ended April 7, 2001, increased 20.0% to
 $347.0 million from $289.3 million for the nine weeks ended April 1, 2000.
 The company's same store sales decreased 5.9% for the nine weeks ended
 April 7, 2001.  Sales for periods below include Filene's Basement stores
 acquired March 17, 2000.
 
     Retail sales statistics are as follows:
 
                                          Five Weeks Ended ($ in thousands)
                                           April 7, 2001     April 1, 2000
                                             $        %        $        %
      Sales
                 Value City Department
                  Stores                  $137,092    66.2  $138,610    75.7
                 DSW                        46,291    22.4    35,292    19.3
                 Filene's Basement          23,725    11.4     9,197     5.0
                                          $207,108   100.0  $183,099   100.0
      Comparable Sales
                 Value City Department
                  Stores                              (6.5)%            (0.5)%
                 DSW                                  (1.3)%            17.9%
                 Filene's Basement                       -                 -
                                                      (5.4)%             2.4%
 
                                             Nine Weeks Ended ($ in thousands)
                                              April 7, 2001     April 1, 2000
                                                $        %        $        %
      Sales
                  Value City Department
                   Stores                    $230,077    66.3  $224,130   77.5
                  DSW                          75,732    21.8    55,948   19.3
                  Filene's Basement            41,169    11.9     9,197    3.2
                                             $346,978   100.0  $289,275  100.0
      Comparable Sales
                  Value City Department
                   Stores                                (7.1)%            1.9%
                  DSW                                    (1.0)%           16.8%
                  Filene's Basement                         -                -
                                                         (5.9)%            4.2%
 
     Value City Department Stores, Inc. is a leading off-price retailer
 currently operating 119 full-line department stores in the Midwest, mid-
 Atlantic and southeastern U.S., 19 Filene's Basement Stores and 81 better-
 branded DSW Shoe Warehouse Stores in major metropolitan areas throughout the
 country.
 
 SOURCE  Value City Department Stores, Inc.

RELATED LINKS

http://www.value-city.com