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Winter Holidays

  • Pharmacy to the rescue at Fred’s

    Regional discounter Fred’s strong pharmacy sales weren’t enough to help the company avert a 1.4 percent same store sales decline for the month.

  • Aeropostale holiday sales fail to take off

    New York – Aeropostale did not deliver strong holiday sales in 2014. Total net sales for the nine-week period ended Jan. 3, 2015 decreased 11% to $507.8 million, down 11% from $572 million in the 2013 holiday season

    Same-store sales, including the e-commerce channel, decreased 9%. The company said profit margins during the holiday period were higher than expected and same-store sales were within original guidance for the quarter.
     

  • J.C. Penney to close 40 stores

    Plano, Texas – It will not be a happy New Year for employees of some 40 J.C. Penney stores. The company on Thursday said that it plans to close approximately 40 stores, which represent less than 4% of its total store base, on or about April 4, 2015. The closures will affect about 2,250 employees.

  • Holiday sales results mixed; teen retailers got a boost

    New York -- Teen retailers had a “less dreadful” holiday selling season than was anticipated. That’s how analysts are tempering the news that banners such as American Eagle Outfitters, Aeropostale and Urban Outfitters posted stronger-than-expected holiday results, released by most on Thursday.

    In fact, say industry watchers, the strong sales figures look pretty shiny because they are exaggerated by pre-season low expectations, which were dragged down by fears of aggressive discounting and waning mall traffic.

  • PacSun rides sales wave against profit undertow

    Pacific Sunwear said it will lose less money in the fourth quarter than originally expected after its California lifestyle product assortment resonated with holiday shoppers and drove a 9% same store sales increase.

  • Stage Stores guidance upstaged by holiday sales

    Stage Stores is reporting a strong holiday sales season despite predictions from the company’s CEO that December would be very challenging for apparel retailers.

    The parent company of Beall’s, Goody’s and other stores reported an increase in same store sales of 6.5% for the nine week period ending Jan. 3.

  • Momentum continues at Steinmart

    It was a happy holiday from a sales standpoint at Steinmart with the company reporting a 5.8 percent same store sales increase for December.

    The 5.8 percent comp increase for the December period ended Jan. 3 follows a 4.8 percent gain in November and a 4.5 percent increase during the prior December.

  • Euclid: December in-store sales mostly increase year-over-year

    San Francisco – In-store sales mostly showed small improvements in December 2014 compared to the prior year. According to the latest U.S. Retail Benchmarks report from in-store analytics provider Euclid, there was 0.6% year-over-year growth in general merchandise, apparel, furniture and other retail sales and a 1.2% increase in clothing and apparel sales, but a 1.5% decline in general merchandise sales.

    Here are some of Euclid’s other top findings in its December report around shopper behavior metrics:

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