FD Reports January Same-Store Sales
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Federated Department Stores, Inc. (NYSE: FD) reported total sales of $809 million for the four weeks ended January 29, 2005, a decrease of 0.5 percent compared to total sales of $813 million in the same period last year. On a same-store basis, Federated's January sales were down 0.4 percent, largely attributable to heavy snowfalls and ice storms in the eastern half of the country during the month.
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