December
Retail Sales

January 08, 1998

                        Same-St Total 
  
 Men/General Apparel 
 American Eagle        AEOS     +18.8% +28.0% 
 Edison Brothers       EBS      -1.4%  -10.4% 
 Filene's Basement     BSMT      +0.0% +2.0% 
 Gap                   GPS      +10.0% +29.0% 
 Goody's Family        GDYS     +8.4%  +20.1% 
 Gymboree Corp.        GYMB     +10.0% +36.0% 
 Limited               LTD      +7.0%  +13.0% 
 Men's Wearhouse       SUIT     +12.3% +32.0% 
 Pacific Sunwear       PSUN     +11.0% +47.0% 
  
 Shoe 
 Footstar, Inc.        FTS      -2.2%  +2.7% 
 Footaction            FTS     -11.0%  N/A 
 Meldisco              FTS      +2.7%  N/A 
 Payless ShoeSource    PSS      +2.2%  +7.8% 
 Shoe Carnival         SCVL     +4.4% +5.4% 
  
 Women's Apparel 
 AnnTaylor             ANN      -10.1% -5.5% 
 Cache Inc.            CACH     +1.0%  +4.0% 
 Catherine's Stores    CATH     +13.1% +10.8% 
 Cato Corp.            CACOA    +8.0%  +8.0% 
 Charming Shoppe       CHRS     +0.0% -0.7% 
 Chico's FAS           CHCS     +25.9% +26.4% 
 Claire's Stores       CLE      +1.0%  +13.0% 
 Designs Inc.          DESI     -15.0% -16% 
 Dress Barn            DBRN     +6.0%  +10.0% 
 Gantos Inc.           GTOS     -10.0% -9.0% 
 Intimate Brands       IBI      +11.0% +21.0% 
 MacFrugal's           MFI      -5.5%  -4.2% 
 Paul Harris           PAUH     -8.0%  +9.0% 
 Talbot's              TLB      -10.9% -4.0% 
 United Retail         URGI     +17.0% +12.0% 
  
 Department (National) 
 Federated Dept.       FD       +1.0%  +0.2% 
 May Department        MAY      +4.8%  +6.5% 
 Neiman Marcus         NMG      +8.8%  +8.8% 
 Penney, JC (Dep't)    JCP      -2.3%  -1.3% 
 Penney, JC (All)      JCP       N/A   +8.0% 
 Sears                 S        +4.5%  +5.4% 
  
 Department (Regional) 
 Bon-Ton Stores        BONT     +7.6%  +5.9% 
 Carson, Pirie Scott   CRP      +3.5%  +2.8% 
 Mervyn's              DH       +6.9%  +0.6% 
 Dayton Hudson (Dep't) DH       +5.6%  +4.1% 
 Dillard Department    DDS      +2.0%  +7.0% 
 Gottschalk's          GOT      +2.7%  +8.1% 
 Kohl's Dept.          KSS      +11.7% +29.9% 
 Mercantile Stores     MST      -1.9%  -0.5% 
 Proffitt's            PFT       +7.7%  +7.0% 
  
 Discount/Deep Discount 
 Ames Department       AMES     +4.5%  +5.0% 
 Consolidated Stores   CNS      +3.3%  +9.8% 
 Dayton Hudson (All)   DH       +6.4%  +11.2% 
 Dollar General        DG       +8.1%  +25.0% 
 Family Dollar         FDO      +7.9%  +17.6% 
 K-Mart                KM       +4.9%  +0.2% 
 Ross Stores           ROST     +7.0%  +13.0% 
 Target                DH       +6.4%  +14.7% 
 TJX Cos.              TJX      +7.0%  +11.0% 
 Wal-Mart              WMT      +7.0%  +16.8% 
 Woolworth             Z        -5.3%  -4.3% 
  
 Club 
 Price/Costco          COST     +10.0% +12.0% 
 B.J.'s Wholesale Club BJ       +7.1%  +10.8% 
 Sam's Club (Walmart)  WMT      +8.1%  +9.2% 
  
 Regional Discount 
 Fred's Inc.           FRED     +9.2%  +32.0% 
 Hill's Stores         HDS      +2.4%  -2.7% 
 ShopKo                SKO      +7.7%  +13.1% 
 Value City            VCD      +4.6%  +5.0% 
 Venture Stores        VEN      -9.0%  -24.2% 
  
 Bath/Bed/Kitchen/Drug 
 Lechters Inc.         LECH      N/A   N/A 
 CVS/Revco             CVS       N/A    N/A 
 Eckerd Drug           JCP      +4.8%  +54.7% 
 Stroud's              STRO      N/A    N/A 
 Walgreens             WAG      +8.2%  +13.8% 
  
 Home Repair 
 Hechinger             HECHA     N/A    N/A 
 Lowe's                LOW      +3.0%  +21.0% 
 HomeBase, Inc.        HBI       N/A    N/A 
  
 Furniture 
 Bombay Co.            BBA       +1.0%   -0.4% 
 Heilig-Meyers Co.     HMY      +0.0%   +48.0 
 Pier 1 Imports        PIR      +14.0% +13.8% 
  
 Consumer Electronics 
 Circuit City          CC       -1.0%  +10.7% 
 Radio Shack           TAN      +0.0%  +1.0% 
 Computer City         TAN      -1.0%  +8.0% 
 Tandy Inc.            TAN      +1.0%  +3.0% 
  
 Specialty 
 Michael's Stores      MIKE     +7.0%  +8.0% 
 Natural Wonders       NATW     -2.0%  +10.5% 
 Perfumania            PRFM     +2.5%  +17.9% 
 Sharper Image         SHRP     +6.0%  +10.0% 
 Starbucks Corp.       SBUX     +5.0%  +32.0% 
 Sunglass Hut          RAYS     +3.0%  +8.2% 
 West Marine           WMAR     +4.5%  +25.9%