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Seasonal

  • Hollister to open summer beach house

    Hollister plans to open the Hollister House this summer from Memorial Day weekend through early August. The brand, rooted in Southern California, will feature new summer styles and host music performances at the beach house all summer long.

    The lineup of musical artists includes Ariana Grande, Chromeo (DJ set), Cody Simpson, Lucy Hale, MKTO, Timeflies and Zendaya.

  • Retail imports to increase 3.5% in May as port labor negotiations begin

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 3.5% in May as negotiators prepare to begin talks on a new contract for West Coast dockworkers, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Survey: Two-thirds of consumers to buy gift cards in spring, summer

    Washington, D.C. -- More than two-thirds of U.S. shoppers will buy gift cards during the spring and summer seasons, according to a just-released survey by the Retail Gift Card Association.

    Buying occasions include Mother’s Day, graduation and weddings. Key findings of the RGCA spring and summer gift card study, which polled more than 1,100 American shoppers, include:

  • GNC Holdings profit slides in Q1

    Pittsburgh -- GNC Holdings reported that net income for the quarter ended March 31 dipped to $69.9 million, from $72.6 million in the year-ago period.

    Retail revenue grew 3.1% to $509.0 million, compared to $493.5 million for first quarter 2013, driven primarily by strength from the e-commerce sector. Consolidated revenue edged up 1.9% to $677.3 million. Same-store sales decreased 0.7%.

  • GNC says bad press took a bite out of Q1 results

    GNC’s profit slid in the first quarter, but although the company said that severe weather during January and February affected its financial results, it also pointed to an “unusually significant amount” of negative media as a driving factor for the dip.

  • Easter holiday shift affects Weis Markets in first quarter

    The timing of the Easter holiday, which was observed in last year’s first quarter but this year’s second, affected Weis Market’s first quarter results for the period ended March 29.

    The company's sales for the quarter increased 0.6% to $687.1 million while its comparable store sales for the quarter decreased 1.3% compared to the same period a year ago.

  • ECRM: Retail circular advertising trends, April 2014

    ECRM compared retail circular advertising in April 2013 versus April 2014 and noted trends occurring across top retail chains. Toys “R” Us experienced a massive 350% increase in page count year-over-year due to its release of three circulars this April versus one last year. Only a short eight-page “Bike & Trike Trade-in” circular was run last year. This year, the bicycle circular ran in the last week of the month again, but the other two circulars appeared to be a response to the late Easter this year, with a focus on $5 or less basket-fillers.

  • Publix Q1 profit up 4.8%

    Lakeland, Fla. -- Publix reported that its profit rose 4.8% to $493.7 million in its first quarter.  

    Sales increased 4.1% to $7.8 billion, with a 4% increase in same-store sales.  

    Publix estimated that its sales were negatively impacted by 1.3% due to the later Easter this year.  

    Effective May 1, Publix’s stock price increased from $30.15 per share to $32.50 per share. Publix stock is not publicly traded and is available only to current Publix employees and members of its board of directors.

  • The pen proves mighty for Newell Rubbermaid

    Sales at four of Newell Rubbermaid’s five operating divisions declined during the company’s first quarter, but overall profitability suffered as a result of baby products recall and expenses related to a transformation strategy.

  • Sally Beauty Q2 net earnings drop; names new COO

    Denton, Texas – Sally Beauty Holdings reported declining net earnings in the second quarter of fiscal 2014 compared to the second quarter of the previous fiscal year. Net income fell 9.9% to $58.9 million, from $64.89 million.

    Net sales fared better, rising 2.4% to $919.47 million from $898.24 million. Same-store sales grew 1%. Higher selling, general and administrative expenses, as well as charges related to a previously disclosed data security breach, impacted net earnings. Sally Beauty also cited weather as negatively impacting sales.

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