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Budgets/Spending/Market Size

  • Trans World Entertainment holiday performance slips

    Albany, N.Y. -- Total sales for the nine-week holiday 2013 period at Trans World Entertainment Corporation were $115 million compared to $128 million for the same period last year, a decrease of 10.2%. The company operated an average of 5% fewer stores during the nine-week period as compared to last year.

    Same-store sales for the nine-week period ended Jan. 4, 2014 decreased 6%.

     

  • ICSC: Holiday sales up 3%

    New York -- Sales for the November-December holiday period increased 3.0%, based on a tally of monthly reporting firms compiled by the International Council of Shopping Centers. The rise came despite the extreme weather across much of the United States during prime holiday shopping time, and a shortened holiday season.

  • Costco tops estimates in December

    Issaquah, Wash. - Costco Wholesale Club’s same-store sales rose 3% in December, beating analysts' estimates of a 1.8% gain. The metric climbed 5% in the U.S. and inched up 1% overseas for the five weeks ended Jan. 5.

    Total monthly revenue increased 6% to $11.53 billion.

    For the 18-week period, same-store sales were up 3%. In the U.S. the metric rose 4% and 1% internationally.

  • Bed, Bath & Beyond Q3 growth below expectations; cuts outlook

    Union, N.J. -- Bed Bath & Beyond Inc.’s third quarter net earnings rose to $237.2 million, less than Wall Street expected, from $232.8 million in the year-ago period, as higher costs and expenses impacted sales growth. The company trimmed its full-year earnings outlook.

    Revenue for the three months ended Nov. 30 rose 6% to $2.87 billion, from $2.7 billion. Same-store sales increased 1.3%.

  • American Eagle Q4 revenues, same-store sales decline

    Pittsburgh – Total net revenue for American Eagle Outfitters, Inc. decreased 2% to $882 million during the fourth quarter of fiscal 2013, compared to $904 million for the same quarter a year earlier. Consolidated same-store sales decreased 7%, compared to a 5% increase for the comparable period in 2012.

  • Destination Maternity net sales slip in Q1

    Philadelphia -- Net sales for the first quarter of fiscal 2014 at Destination Maternity Corporation decreased 0.3% to $134.8 million from $135.3 million reported for the first quarter of fiscal 2013. Same-store sales slightly increased 0.7%.

  • Survey: Landscaping top DIY project for 2014

    Atlanta -- Landscaping is the most popular outdoor do-it-yourself (DIY) home improvement New Year’s resolution project. According to a recent online survey of 540 homeowners by the Home Projects Council (HPC), homeowners selected landscaping (15.2%), planting a garden (13.5%) and building a deck (6.3%) as the top three outdoor DIY home improvement New Year’s resolution projects.

  • B&N stays positive following holiday sales results

    Just a couple of days after news that Barnes & Noble permanently closed its onetime flagship on Fifth Ave. in New York, the company reported a revenue decrease of 6.6% for the nine-week holiday period ending Dec. 28, 2013 in its retail segment.

    The decrease over the prior year in the retail segment, which consists of the Barnes & Noble bookstores and BN.com, was fueled by a 5.5% decline in comparable sales and store closures. Core comparable bookstore sales, which exclude sales of Nook products, decreased 0.2% as compared to the prior year.

  • Costco's sales and comps climb in December

    Costco’s sales increased by 6% in the month of December and the first few days of January compared with December 2012.

    The Issaquah, Wash.-based company reported sales of $11.53 billion during the five weeks that ended Sunday, compared with $10.87 billion during the same period last year. Comps increased by 5% at the company's U.S. stores.

    For the 18 weeks that ended Sunday, sales were $38.33 billion, a 6% increase over the $36.26 billion in sales the company had the year before. Comps in the United States increased by 4%.
     

     

  • Container Store Q3 net income slightly drops

    Coppell, Texas – The Container Store Group Inc. saw its net income drop about 2%, to $5.2 million from $5.3 million, during the third quarter of fiscal 2013. This occurred while net sales grew 7.3%, to $188.3 million from $175.4 million, and same-store sales increased 4.7%.

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