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Stein Mart’s May sales rise
JACKSONVILLE, Fla. — Linens and ladies’ casual and career sportswear buoyed Stein Mart’s total sales for May. The company reported total sales of $107.3 million for the month, an increase of 3.6% from $103.6 million for May last year.
Comparable store sales increased 8.2%.
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Costco’s same store sales rise but run out of gas
ISSAQUAH, Wash. — Costco reported net sales of $8.1 billion for May 2013, an increase of 7% from $7.6 billion during the same period last year.
For the 39-week period ended June 2, the company reported net sales of $77 billion, an increase of 8% from $71 billion during the same period last year.
The company’s same-store sales rose 5% in May, but they were lower than anticipated because of the negative impact of changes in gasoline prices and foreign exchange rates.