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  • Discounting lifts June sales

    New York City -- Most retailers surprised Wall Street with better-than-expected monthly sales results in June, as bargains led shoppers to spend more. June is the second most important month on a retailers' sales calendar behind December. It is June that stores typically clear out summer merchandise to make room for fall goods.

  • Higher gas prices could be advantageous to discount stores

    NEW YORK — Rising gas prices has consumers cutting down on grocery shopping and many turning to the discount stores over traditional food retailers, according to the latest research from TNS.

    The higher cost of gas is good news for discount stores, as 32% of those surveyed are choosing to shop there over traditional retail outlets. However, when they shop, they are buying less.

  • Ross shows discounter dominance with 1,000th Dress for Less store

    PLEASANTON, Calif. — Ross Stores will celebrate on July 16 the opening of its 1,000th Dress for Less store in North Pleasant Hill, Calif. 

    Ross Stores' announcement of its 1,000th Dress for Less store follows strong monthly and quarterly sales and earnings, as the company continues to thrive in the down economy.

  • Zumiez’s June same-store sales rise 9.8%

    Everett, Wash. -- Zumiez said its same-store sales increased 9.8% for the five-week period ended July 2.

    Total net sales for the period increased 16.8% to $43.5 million, compared with $37.2 million for the five-week period ended July 3, 2010.

  • Hot Topic same-store sales up 0.4% in June

    City of Industry, Calif. -- Hot Topic reported Wednesday that its June same-store sales year rose 0.4%. Analysts, on average, had expected same-store sales to fall 2.4%, according to Thomson Reuters.

    Total sales for the five weeks ended July 2 fell 1.8% to $58 million.
     

  • CSA columnist Jeff Green: Do medical uses belong in retail centers?

    In his newest column, Retail Rap with Jeff Green, Chain Store Age columnist Green examines the early uptick in medical users in retail centers and questions why the trend has apparently stalled.

    Click here to read Green's column.

  • Mid-Year Update: Top 10 Most Popular Stories

    New York City -- What topics interested retailers most in the first half of 2011? The most popular stories with chainstoreage.com readers from January through June ran the gamut, from the top 10 retail markets for 2011 to Dollar General’s ambitious expansion. Take a look at our top 10 most popular stories: 
     
    1. Top 10 retail markets for 2011

  • A favorable outlook for BTS

    Shoppers face a lot of economic headwinds this back-to-school season, but one forecaster has seasonal sales growing by 6.2% to $467 billion, the most since 2006.

    That’s according to retail consultants Customer Growth Partners’ annual BTS forecast, which defies warnings of a double-dip recession and sees American households as being more resilient with their back-to-school spending during the July through September time frame.

  • CSA columnist Jeff Green: Do medical uses belong in retail centers?

    In his newest column, Retail Rap with Jeff Green, Chain Store Age columnist Green examines the early uptick in medical users in retail centers and questions why the trend has apparently stalled.

    Click here to read his latest editorial. 

  • Consumers still concerned over state of economy, turn to Internet for deals

    CHICAGO — Concerns over the health of the economy are far from over, as evidenced by a SymphonyIRI Group survey released Wednesday that found consumers are taking even more steps to save money due to their ongoing financial concerns, including turning to the Internet in search of the best deals.

    List making and coupon clipping are still top of mind for consumers as they struggle with high gas prices and question their job stability. Additionally, the survey uncovered that consumers are turning to the Internet to find the best deals, SymphonyIRI said.

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