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Winter Holidays

  • Kantar Retail: December same-store sales edge higher

    Columbus, Ohio -- A slowing trend in retail same-store sales leveled out at 3.6% growth in December as shoppers' spending plans firmed up in time for the holidays while remaining value-focused, according to Kantar Retail.

  • Goody to launch heat styling line at Target, Walmart

    ATLANTA — Goody is launching for 2012 its first-ever heat styling products that are slated to hit Target and Walmart shelves in March.

    The new collection is comprised of the Goody Heat Flash Dry blow dryer, Smart Temp blow dryer and Wave Creator styling iron.

  • ICSC: Sales surge 5.3% in last week of December

    New York City -- A report released Wednesday by the International Council of Shopping Centers and Goldman Sachs said that post-Christmas shopping surges propelled U.S. same-store sales significantly forward during the week after Christmas.

  • Hot Topic holiday same-store sales up 1.2%

    City of Industry, Calif. -- Hot Topic reported Wednesday that same-store sales for the nine-week holiday shopping period of November and December edged up 1.2%. The company upped its fourth quarter guidance based on the results.

    In related news, Hot Topic has named Cindy Levitt as VP, general merchandise manager, effective Jan. 16.

  • Zumiez sales, comps up in December

    Everett, Wash. -- Zumiez Inc. reported Wednesday that total sales for the five-week period ended Dec. 31 increased 18.1% to $104.6 million, compared to $88.5 million last year.

    Same-store sales surged 10% for the period.

    Based on better than planned holiday sales and product margin, the company has increased its guidance and now expects fiscal 2011 fourth quarter total sales of $180 to $181 million.

  • ARG: Holiday credit-card debt to drive down January and February sales

    Charleston, S.C. -- January post-holiday sales will plunge to some of the lowest levels in years thanks to a surge in credit card spending over the Christmas season, according to consumer research firm America’s Research Group (ARG).

    "Now that those credit card bills are hitting mailboxes, shoppers will cut back in a very significant way relative to January and February of the last few years," said Britt Beemer, chairman, ARG.

  • Report: December same-store sales expected to rise 4.3%

    New York City -- Wall Street analysts expect retailers to report a healthy end to the holiday season, fueled by discounts, improved consumer sentiment and such tactics as extended hours and layaways, Reuters reported.

    Twenty-two major chains, from Macy's Inc. to Costco Wholesale Corp, are likely to post an aggregate 4.3% increase in December same-store sales according to Thomson Reuters.

  • There’s always next year for online opportunity

    The difficulties Target experienced with the relaunch of its website early last fall and subsequent fall off in traffic couldn’t have come at a worse time, as total retail online sales hit new highs during the holiday season.

    Online sales increased 15% to $35.3 billion From Nov. 1 through Dec. 25 compared with the same time period the prior year, according to the online measurement firm comScore.

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