Urban Outfitters offers mixed holiday report cardUrban Outfitters’ total holiday sales rose, fueled by strong growth at Free People. But its namesake division turned in a disappointing performance, Verizon: Holidays don’t last forever for e-retailersWhat goes up must come down, including online retail traffic. 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. 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. 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. 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%. 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. Macy’s holiday same-store sales fall less than expected; to close 29 stores Online sales and last-minute demand for gift items helped Macy’s Inc. turn in a holiday performance that was better than analysts were expecting. Analysis: This is what saved Christmas for Macy’s Macy’s Inc.’s November and December comparable sales fell by 0.7% on an owned basis and by 0.6% on an owned plus licensed basis. Holiday gift card purchases explode fueled by e-commerce The increase in holiday spending on gift cards far outpaced overall seasonal growth. First Previous 169 170 171 172 173 Next Last
