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  • Retail container traffic drops, but slated to gain as holidays near

    Washington, D.C. -- A report released Tuesday by the National Retail Federation and Hackett Associates showed that import cargo volume at the nation’s major retail container ports dropped below last year, but are expected to see year-over-year gains again this fall.

    According to the monthly Global Port Tracker report, volumes will stay below last year through the summer, but will edge up as retailers begin to stock up for the holiday season.

  • NPD report: U.S. restaurant count down by 9,450 from last year

    Chicago -- A Tuesday report by NPD Group said that U.S. restaurant unit counts declined by 2%, which translates to a loss of 9,450 restaurants since last year.

    According to the report, most of the total unit declines were independent restaurants. Chain restaurant unit counts remained relatively stable, according to NPD research.

  • 99 Cents Only Stores Q1 profit up, to open 16 new stores

    City of Commerce, Calif. -- Discount retailer 99 Cents Only Stores reported Monday that net income for the quarter ended July 2 rose to $17.7 million, from $16.8 million in the year earlier period.

    Total revenue rose 6.3% to $368.3 million, from $346.5 million a year ago. Same-store sales rose 5.9%.

  • TravelCenters of America profit soars in Q2

    Westlake, Ohio -- TravelCenters of America LLC reported Tuesday that net income for its fiscal second quarter rose to $21.7 million, compared with $1.2 million a year earlier. The improved performance was due to higher fuel sales and higher margins.

    During the second quarter, total fuel sales rose 4.3%.

  • Consumer confidence takes a hit

    The nation’s retailers can hope back-to-school shoppers haven’t been paying attention to the steady dose of dire economic news facing the nation the past week, but that’s pretty unlikely considering this is the information age.

  • Survey details smartphone activities

    New York City -- Marketers attempting to understand consumer habits that influence mobile marketing can get a revealing glimpse into the mindset of the mobile consumer through the newly released 2011 Mobile Consumer Report from Experian Simmons, a part of Experian Marketing Services.

  • ComScore: U.S. online sales up 14% to $37.5B in Q2

    Reston, Va. -- Online U.S. retail spending in second quarter 2011 reached $37.5 billion for the quarter, up 14% versus year ago, comScore reported Monday. This growth rate represented the seventh consecutive quarter of positive year-over-year growth and third consecutive quarter of double-digit growth rates.

  • Plugging in to outlet centers

    New York City -- In his most recent column “Retail Rap with Jeff Green,” Chain Store Age columnist Green challenges the advent of outlet centers, questioning whether there are enough viable outlet center markets to support the growing number of developers who are plugging into the shopping center format.

    Click here to read Green’s column.

  • McDonald’s sales up 5.1% in July

    Oakbrook, Ill. -- McDonald's Corp. said Monday that its global same-store sales climbed 5.1% in July, buoyed by ongoing strength abroad and sales of its McCafe beverage and staples such as Chicken McNuggets.

    By segment, same-store sales rose 5.3% in Europe. The Asia/Pacific, Middle East and Africa experienced a 4% gain, while the United States posted a 4.4% increase.

    Last month McDonald's reported a 15% increase in second-quarter net income as it continued to entice customers to buy new menu items.
     

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