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Seasonal

  • A contrarian view on the future of malls

    Think young shoppers want to buy everything online? New research from Teen Vogue suggests otherwise.

    Teen Vogue asked its millennial readers about their holiday shopping habits and findings related to all manner behaviors throw cold water on the notion that malls are dead or dying.

  • 99 Cents Only Stores reaching for new heights

    Despite the rollout of its new “Go Taller” initiative, 99 Cents Only Stores reported a decline in same store sales and profits in the third quarter.

    Same store sales decreased 0.7% compared with the prior year quarter. The company reported a loss of $3.8 million in the third quarter, compared to posting an income of $1 million in the prior year quarter. Net loss as a percentage of total sales was -0.8% for the third quarter compared with net income as a percentage of sales of 0.2% for the third quarter of fiscal 2014.

  • MasterCard Advisors: Cheaper gas means more presents

    Purchase, N.Y. – A decline in the price of gasoline may be leading to a larger haul for many many people on Christmas morning. According to the latest MasterCard Advisors SpendingPulse, total retail sales without the automotive and gasoline sectors were up 3.6% in November 2014, reinforcing the dramatic decline in gasoline prices.  

  • Toys 'R' Us mum on Q4 outlook

    Expense control and a more rational promotional environment helped Toys “R” Us reduce the size of its third quarter operating loss but the company had little to say about its outlook for Christmas sales and profits.

  • RSR: Saving money top priority of holiday shoppers

    New York - Fifty-one percent of consumers say saving money is their top priority this holiday season, and  40% are driven by finding the right product. Those are among the findings of a recent survey conducted by RSR.  

  • Early Read on Holiday 2014: Deep December retail "lull" pivots to peak shopping season

    By Craig Johnson, Customer Growth Partners

  • 99 Cents Only Stores posts Q3 loss

    City of Commerce, Calif. - 99 Cents Only Stores reported a loss loss and a decline in same store sales in the third quarter.   The company reported a loss of $3.8 million in the third quarter, ended Oct. 31, compared to income of $1 million in the prior year quarter.   Net sales increased by 5.0% to $478.3 million.  Same store sales decreased 0.7% compared with the prior year quarter.   

  • More losses, more cost-cutting at RadioShack

    RadioShack CEO Joe Magnacca contends the company’s core strategies are working even though evidence of the success was hard to see between a steep third quarter loss and double digit same store sales decline.

    Same store sales were down 13.4% in the third quarter ending Nov. 1, driven by traffic declines and soft performance in the mobility business, the company said. Total sales and operating revenue were $650.2 million, compared with $775.4 million last year.

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