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Seasonal

  • Home Depot prepares for its busiest season

    Against the backdrop of a growing national debate over the minimum wage and part-time versus full-time workers, Home Depot has begun a huge seasonal hiring surge in preparation for spring.

    The nation's largest home improvement retailer said it planned to hire approximately 80,000 seasonal employees, many of whom are part-time, the same day that President Barack Obama was expected to sign an executive order unilaterally increasing to $10.10 the minimum wage the federal government pays contract workers.

  • Retail imports expected to drop in February

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to drop 8.4% in February from the same time last year as the shipping cycle reaches its slowest month of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Urban Outfitters Q4 sales up 6%, but still disappoint

    Philadelphia – Urban Outfitters reported substantial gains in net sales for the fourth quarter and fiscal year 2014. Total company sales in the quarter increased 6% to $906 million, less than Wall Street expected, from $856.8 million in the year-ago period.

    Same-store retail segment net sales, which include the direct-to-consumer channel, increased 1%. Same-store retail segment net sales increased 20% at Free People and 10% at Anthropologie and decreased 9% at Urban Outfitters. Wholesale segment net sales rose 24%.

  • Dick’s same-store sales rise 7% in Q4

    Pittsburgh – Same-store sales at Dick’s Sporting Goods, Inc. rose 6% during the fourth quarter of fiscal 2013, unshifted for the 53rd week in fiscal 2012. The same-store sales results compare to guidance provided in November 2013 for a 2% to 3% increase on an unshifted basis.

  • Supervalu plans first-ever national sales expo

    Supervalu plans to host its first-ever national sales expo, Sales 4 All Seasons, this summer.

  • Dick’s declares holiday victory

    The shortened holiday season and cold weather that hurt many retailers didn’t faze Dick’s Sporting Good, where same-store sales are expected to be double what the company originally forecast.

    The nation’s largest sporting goods retailer said same-store sales adjusted to account for a shift in the reporting calendar increased 6% compared to expectations of a 2% to 3% increase.

  • Bebe posts Q4 loss

    Brisbane, Calif. – Bebe Stores Inc. had a difficult second quarter of fiscal 2014, reporting a net loss of $5.5 million. Net sales declined 4.1% to $130 million, from $135.5 million reported for the second quarter a year ago. Same-store sales decreased 1.9%.

    CEO Steve Birkhold acknowledged challenges, but cited sequential improvement in same-store sales and holiday sales, as well.

  • Kirkland’s sales rise in 2013

    Nashville, Tenn. – Kirkland’s Inc. reported improved year-over-year net sales for the full fiscal year 2014 but a decrease in the fourth quarter. Net sales increased 2.7% to $460.6 million during fiscal 2014, compared with $448.4 million the prior fiscal year, while same-store sales rose 0.5%.

    During the fourth quarter, net sales decreased 4.2% to $156.1 million, compared with $162.9 million in the previous fourth quarter. Same-store sales were flat.

  • Kirkland’s not immune to severe weather

    Kirkland’s reported improved year-over-year net sales for the full fiscal year 2014 but a decrease in the fourth quarter, thanks to severe weather-related declines in traffic throughout December, which affected important weekend sales days.

    Net sales increased 2.7% to $460.6 million during fiscal 2014, compared with $448.4 million the prior fiscal year, while same-store sales rose 0.5%.

    During the fourth quarter, net sales decreased 4.2% to $156.1 million, compared with $162.9 million in the previous fourth quarter. Same-store sales were flat.

  • Declining mall traffic affects Bebe in Q4

    Bebe Stores had a difficult second quarter. The company reported a net loss of $5.5 million, which it said was partly fueled by declining mall traffic and an aggressive promotional environment across the industry.

    Net sales declined 4.1% to $130 million, from $135.5 million reported for the second quarter a year ago. Same-store sales decreased 1.9%.

    CEO Steve Birkhold acknowledged challenges, but cited sequential improvement in same-store sales and holiday sales, as well.

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