GameStop holiday sales plummet; lowers forecastThe holiday season brought no cheer to GameStop. NPD Group: General merchandise holiday sales fall flatHoliday sales for key general merchandise categories were disappointing despite a strong last-minute push. Lululemon boosts revenue, earnings outlook for Q4 Innovative product offerings and an equally strong holiday season pushed Lululemon Athletica to raise its fourth-quarter expectations. Survey: Bad returns policy is big turnoff to future purchases Retailers’ returns policy can have a big impact on whether a holiday gift is even purchased. Verizon: Holidays don’t last forever for e-retailers What goes up must come down, including online retail traffic. Urban Outfitters offers mixed holiday report card Urban Outfitters’ total holiday sales rose, fueled by strong growth at Free People. But its namesake division turned in a disappointing performance, L Brands lowers guidance as Victoria’s Secret drags down holiday performance L Brands’ sales fell in the crucial holiday shopping season amid the ongoing decline of its signature Victoria’s Secret brand. Analysis: Radical change needed to get Victoria’s Secret back on track Overall, this was not a happy holiday for L Brands. Off the back of a flat holiday performance last year, group comparable sales fell by 4%. Bed Bath & Beyond withdraws fiscal outlook; delays store closures Bed Bath & Beyond said it will reveal its strategic plan in early 2020 as it swung to a third-quarter loss with sales and earnings that missed Street expectations. Kohl’s lowers outlook as holiday same-store sales fall Kohl’s Corp. joined Macy’s and J.C. Penney in reporting a decline in holiday same-store sales. Holiday sales fall at J.C. Penney J.C. Penney wasn’t able to stem the tide of declining same-store sales at department stores during the holiday season. Holiday gift card purchases explode fueled by e-commerce The increase in holiday spending on gift cards far outpaced overall seasonal growth. First Previous 109 110 111 112 113 Next Last
