Cache (CACH) Comparable Store Sales Decrease 6% in August 2008
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Cache (NASDAQ: CACH) reported for the four-week period ended August 23, 2008, comparable store sales (sales for stores open at least one year or more) decreased 6%, as compared to an increase of 7% for the four-week period ended August 25, 2007. Total net sales for the four-week August 2008 period ended August 23, 2008 decreased $0.9 million or 5% to $16.3 million, as compared to the same period last year.
During August, the Company opened one Cache store. In early September, the Company closed two Cache Luxe stores. The Company currently has 295 stores open.
Cache is a nationwide, mall-based specialty retailer of sophisticated, social occasion sportswear and dresses targeting style-conscious women.
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During August, the Company opened one Cache store. In early September, the Company closed two Cache Luxe stores. The Company currently has 295 stores open.
Cache is a nationwide, mall-based specialty retailer of sophisticated, social occasion sportswear and dresses targeting style-conscious women.
Sign up at EasyStockAlerts.com To Be Alerted To Your Stock News Today!
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