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Seasonal

  • Belk offers wedding registry app

    Charlotte, N.C. – June is the traditional wedding month, and Belk Inc. is making things easier for marriage-minded customers with a new wedding registry app. The Android and iOS app offers features including a registry checklist and tips for brides and grooms-to-be.

    In addition, a thank you note assistant automatically tracks gifts and givers. Users can also set up a registry and scan items directly from mobile devices.

  • Men’s Wearhouse to open 300 tuxedo shops in Macy’s

    Fremont, Calif. — Men's Wearhouse on Thursday announced it had signed a 10-year agreement with Macy's to operate men's tuxedo rental shops inside 300 Macy’s locations. The shops are expected to be located in or near the men’s department.

    Men's Wearhouse will begin operating 17 pilot tuxedo shops in fall 2015,  and expects the remaining shops to be open by fall 2016. Macy's and Men's Wearhouse will also collaborate to develop a digital tuxedo rental shop on macys.com.

  • Five Below sinks to new low in Florida

    Value priced teen retailer Five Below is making a big splash in the Sunshine State this month with the opening of nine stores there as the company continues to expand across the country.

  • Francesca's gives weak outlook

    Boutique retailer Francesca's efforts to improve same store sales achieved disappointing results in the first quarter.

    The company said same-store sales declined 2% due to lower transaction count, although direct-to-consumer sales rose 19%.

  • Kohl's hops on the Apple Pay bandwagon

    Another retailer is embracing Apple Pay as an option for customers who want an easy, secure and private way to pay.

  • NRF: Father’s Day spending to approach $13 billion

    Washington, D.C. -- Father’s Day may not be the most lucrative consumer holiday of the year for retailers. However, according to the new National Retail Federation (NRF) 2015 Father’s Day Spending Survey, spending on Father’s Day is expected to reach $12.7 billion. The survey, conducted by Prosper Insights & Analytics, indicates the average person will spend $115.57 on gifts, nearly even with $113.80 in 2014.

  • NRF: Father’s Day spending to approach $13B

    A new NRF survey reports that Father's Day spending this year is expected to reach $12.7 billion.

  • Study: Retail sales, traffic, transactions drop in May

    San Jose, Calif. – Retail sales dropped 7.6% in May 2015 compared to the same month the prior year. According to the monthly Store Performance Pulse from store analytics provider RetailNext, a 9.8% decrease in traffic and 8.3% drop in transactions drove the sales decline.

    Much of these declines were concentrated in the third week of the month, leading to an earlier-than-usual Memorial Day weekend.

  • Same-store sales show modest growth in May

    New York – Same-store sales generally showed modest growth in May 2015, on the whole meeting Wall Street analyst expectations. The apparel vertical in particular generally outperformed analyst predictions, although Gap, Banana Republic and Zumiez all reported negative same-store sales growth.

    Following is a review of May same-store sales by vertical:

    Apparel
    Banana Republic: – 5%
    The Buckle: 2.4%
    Gap: – 6%
    L Brands: 5%
    Old Navy: 6%
    Stein Mart: 1.9%

  • Michaels weaves strong profits in Q1

    Irving, Texas – Net income at the Michaels Companies Inc. skyrocketed 47% to $67 million in the first quarter of fiscal 2015 compared to $45 million in the same quarter a year earlier. A large drop in interest expense helped fuel strong profit growth.

    Net sales climbed 2% to $1.08 billion, from $1.05 billion. Same-store sales rose 0.3%. Michaels said unfavorable weather and a strong U.S. dollar hindered sales growth.

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