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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: October 28, 1998
Date of earliest event reported: October 8, 1998
THE MAY DEPARTMENT STORES COMPANY
(Exact name of Registrant as specified in its charter)
Delaware I-79 43-1104396
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
611 Olive Street, St. Louis, Missouri 63101
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:
(314) 342-6300
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Item 7. Financial Statements and Exhibits.
(c) Exhibits. The following documents are filed as Exhibits.
Exhibit No. Exhibit
99.1 Press Release dated October 8, 1998
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
THE MAY DEPARTMENT STORES COMPANY
Dated: October 28, 1998 By: /s/ Richard A. Brickson
Richard A. Brickson
Secretary and Senior Counsel
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INDEX TO EXHIBITS
Exhibit No. Exhibit
99.1 Press Release dated October 8, 1998
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EXHIBIT NO. 99.1
THE MAY DEPARTMENT STORES COMPANY REPORTS SEPTEMBER SALES INCREASE
OF 6.8%
ST. LOUIS, October 8, 1998 _ The May Department Stores Company
[NYSE:MAY] today reported preliminary sales for the five-week
period ended October 3, 1998 of $1.16 billion, a 6.8% increase over
$1.09 billion in the similar period in 1997. September sales
benefited from Labor Day falling in fiscal September versus August
a year ago.
Sales for the first eight months of fiscal 1998 were $7.64
billion, up 5.4% over $7.25 billion during the first eight months
of fiscal 1997.
Sales were as follows:
SEPTEMBER AND YEAR-TO-DATE SALES (Millions)
Fiscal Fiscal Percent Store-for-Store*
1998 1997 Increase Increase
September $1,160.9 $1,086.5 6.8% 4.3%
Year-to-date $7,638.1 $7,248.5 5.4% 3.7%
* Store-for-store sales represent sales of those stores open during
both years.
Sales have been restated to exclude the sales of stores that
have been closed and not replaced. Year-to-date revenues, including
sales of nonreplaced closed stores and finance charge revenue, were
$7.84 billion in 1998 and $7.49 billion in 1997.
During the month, May opened 12 department stores. Lord &
Taylor opened two new stores, at White Marsh Mall in Baltimore and
Annapolis Mall in Annapolis, Md. In addition, May opened 10 former
Mercantile stores acquired from Dillard's: six The Jones Store
locations in the Kansas City metro market at Metcalf South Shopping
Center in Overland Park, Kan., Independence Center in Independence,
Mo., Prairie Village Shopping Center in Prairie Village, Kan., and
Metro North Mall, Bannister Mall, and Blue Ridge Mall, all in
Kansas City, Mo.; one The Jones Store location in Topeka, Kan., at
West Ridge Mall; a Famous-Barr store at Towne Square Mall in
Owensboro, Ky.; an L.S. Ayres store at Honey Creek Square in Terre
Haute, Ind.; and a Foley's store at Chapel Hills Mall in Colorado
Springs, Colo.
Year-to-date, May has opened 14 of the 29 new stores planned
for 1998. Still to open this year are: seven Lord & Taylor stores;
three Hecht's stores; one Foley's store; one Robinsons-May store;
two Kaufmann's stores; and one Filene's store.
The May Department Stores Company operates 382 department
stores in 32 states and the District of Columbia.
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