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Budgets/Spending/Market Size

  • Sell more, lose more was Amazon’s Q4 motto

    SEATTLE — Amazon.com enjoyed tremendous sales growth in the fourth quarter, but it came at a steep price as expenses grew faster than sales due to investments to support future growth.

  • Licensed toys remain bright spot in sluggish industry

    PORT WASHINGTON, N.Y. — Ahead of the toy industry's annual convention this February, The NPD Group has reported that U.S. retail sales of toys generated $21.18 billion in 2011 compared with $21.68 billion in 2010, a decline of 2%. 

  • MarineMax narrows loss in Q1

    Clearwater, Fla. -- Boat retailer MarineMax reported Tuesday that it narrowed its loss in the fiscal first quarter to $4.2 million, from $4.7 million in the year-ago period. The company’s net loss was reduced by $1.4 million related to favorable resolution with a manufacturer whose brands the company no longer carries.

    Revenue dipped to $91.8 million for the quarter, from $92.2 million. Same-store sales edged up 2%.

  • Chicago-area report points to growth in new shopping center construction after 2012

    Oakbrook, Terrace, Ill. -- A report released Monday by Mid-America Real Estate Corp. suggested that new shopping center construction in and around Chicago could ramp up significantly after this year.

    According to the 2011-12 Chicagoland Shopping Center Report, with a 13.4% decrease in new shopping center GLA in Chicagoland last year, 2011will likely mark the bottom of a four-year decline in retail center construction. After a flat 2012, shopping center development could double in 2013, according to Andy Bulson, author of the report.
     

  • Online data reveals final holiday tally

    It was a record year for online sales this past holiday season, but Target saw others experience stronger growth, according to the most recent site visitation statistics from online measurement firm comScore.

    As previously reported, the size of the prize this holiday season was $37.2 billion. That’s the volume of online sales comScore recorded during November and December, which was a 15% increase from the prior year.

  • Apple outshines Walmart in stunning fashion

    Walmart will report fourth-quarter and full-year results in a few weeks, and the numbers, while they are sure to be extraordinarily large, will pale in comparison to the superlative-defying figures that Apple posted earlier this week.

  • Deloitte Consumer Spending Index dips in December

    New York City -- The Deloitte Consumer Spending Index slightly dropped in December despite small improvements in three-out-of-four components.

    The index — which is comprised of tax burden, initial unemployment claims, real wages and real home prices — fell to 1.86 from a reading of 1.93 the previous month. Because of this drop, the ability for consumers to continue to spend at the rates seen in 2011 may be in question, Deloitte said.

  • Target gives $5 million to needy schools

    MINNEAPOLIS — Target has announced the names of the 50 recipients that were selected to receive a $100,000 grant to purchase much-needed resources and improve their learning environments. The $5 million donation from Target to K-through-12 schools in 31 states across the country is part of the company’s commitment to education, which includes plans to give $1 billion for education by the end of 2015.

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