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Winter Holidays

  • Report details moms’ shopping habits

    New York City -- Almost 80% of respondents in a national survey of moms’ shopping habits said that the recession has permanently altered their shopping habits, inducing overall cuts in spending by purchasing items on sale and using coupons. The survey was conducted by the online shopping site Totsy.

  • Walgreens achieves record sales, Rx growth

    DEERFIELD, Ill. — Walgreens announced on Tuesday record sales and earnings for the second quarter as it celebrated a milestone of filling 1-in-every-5 retail prescriptions for the first time in the company's history.

    Net earnings for the quarter were $739 million, or 80 cents per diluted share, compared with $669 million, or 68 cents per share, in the year-ago period.

  • Dollar General’s Q4 profit more than doubles; Opening 625 stores in 2011

    New York City -- Dollar General Corp. reported Tuesday that its fourth quarter profit more than doubled over last year, boosted by increasing sales and traffic. The discounter generated a higher-than-expected profit of $222.5 million for the quarter ended Jan. 28, up from $87.2 million in the year-ago period. The company also gave a full-year forecast that topped analysts’ estimates.

    Sales increased 9.4% to $3.49 billion, and same-store sales rose 3.8%.

  • Dollar General remains top stock pick on 4Q sales growth

    GOODLETTSVILLE, Tenn. -- Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company is still considered a good investment.

  • Toys"R"Us donates $500K to support children and families affected by Japan earthquake

    WAYNE, N.J. -- The Toys"R"Us Children's Fund announced that it has donated $500,000 donation to Save the Children to help provide relief to children and families impacted by the 9.0 magnitude earthquake and devastating tsunami that recently struck the northeast coast of Japan.

  • Target by the numbers

    Target recently filed its annual report on form 10-K with the Securities and Exchange Commission. Here’s a look at some interesting facts and figures contained in the document:

    • Target employed 355,000 “team members,” last year, a figure that swells to 400,000 during the holidays.

    • The company operated 37 distribution centers, including four food distribution centers and maintains 27 international sourcing offices in 18 countries

  • February retail sales show biggest gain in four months

    New York — U.S. retail sales rose 1% in February, boosted by job gains, the tax cut and more seasonable temperatures, the Commerce Department reported Friday. It was the highest gain in four months. Sales excluding autos increased 0.7%.

    The 1% increase followed a revised 0.7% rise in January that was more than double the previous estimate, according to Commerce Department figures.

  • Kirkland’s Q4 profit falls

    Nashville, Tenn. — Kirkland's Inc. said Thursday that its fourth-quarter profit fell about 35% as its sales softened.

    The company reported net income of $14.4 million for the 13 weeks that ended Jan. 29, compared with $22.1 million a year earlier.

    The results included an $800,000 income tax benefit related to prior years' taxes.

    Quarterly net sales fell to $139.6 million, from $142.8 million in the prior-year period. Same-store sales were down 7.95%.

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