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Winter Holidays

  • Alco's Q1 same-store sales feel lingering winter chill

    ABILENE, Kan. — Lingering winter weather conditions affected broad-line retailer Alco, which reported same-store sales of $112.4 million for the first quarter ended May 5, a 2.2% decrease from $115 million for the same quarter a year ago.

    The company reported net sales from continuing operations for the quarter of $117.5 million, an increase of 0.9% from $116.5 million for the same quarter a year ago.

  • H&M adds Parisian flavor to fall line

    H&M is collaborating with Parisian designer Isabel Marant on a fall line, inspired by her signature style, featuring clothing and accessories for teenagers, women and for the first time, men.

    The retailer will roll out the collection Nov. 14 in approximately 250 of its stores worldwide.

  • Retailers remain cautious on merchandise imports

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 1.1% in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday seasons, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.



  • NRF: Father’s Day spending to rise slightly

    Washington, D.C. -- Americans will spend a little bit more on dad this year, stretching their budgets enough to show their favorite man just how much he is appreciated, according to a survey by the National Retail Foundation.

    The group, 2013 Father’s Day spending survey, conducted by BIGinsight, found that the average consumer will shell out $119.84 on dad’s gifts this year, up from $117.14 last year. Total spending for Father’s Day is expected to reach $13.3 billion.

  • Jos. Bank’s Q1 profit down 45%

    Hampstead, Md. -- JoS. A. Bank Clothiers’ net income for the first quarter of fiscal year 2013 fell 45% to $8.1 million, down from $14.8 million for the first quarter of fiscal year 2012.

    Total sales for the first quarter decreased 2.6% to $196.1 million from $201.4 million in year-ago period.

  • Cold weather chills Jos. Bank’s Q1 results

    HAMPSTEAD, Md. — JoS. A. Bank Clothiers’ reported net income for the first quarter of fiscal year 2013 of $8.1 million, a 45% fall from $14.8 million for the first quarter of fiscal year 2012.

    Total sales for the first quarter decreased 2.6% to $196.1 million from $201.4 million in year-ago period.

  • Tilly’s Q1 results ‘better than expected’

    IRVINE, Calif. — Tilly’s comparable store sales for March and April improved over February for the first quarter ended May 4, buoyed partly by the spring break and pre-Easter periods.

    The company’s total net sales were $109 million, an increase of 13% from $96,524 for the first quarter ended April 28, 2012. Comparable store sales, which include e-commerce sales, increased 1.1% compared to the first quarter of 2012. E-commerce sales were $12.6 million, an increase of 16% compared to the first quarter of 2012.

  • Gatsby propels better-than-expected Q1 for Tiffany

    NEW YORK — Tiffany & Co.’s 175th anniversary and its Great Gatsby movie tie-in collection drove the jeweler’s better-than-expected financial results for the first quarter ended April 30, which included Valentine’s Day. 

    The jeweler had worldwide net sales of $895 million, an increase of 9% from $819,170 for the same period last year. On a constant exchange rate basis that excludes the effect of translating foreign currency denominated sales into U.S. dollars, worldwide net sales increased 13% and comparable store sales rose 8%.

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