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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 sales show strength in April, led by Gap, L. Brands and Costco

    New York -- Many retailers reported better than expected sales in April, helped by warmer weather and a later-than-usual Easter. Gap Inc., L Brands, Costco Wholesale Club, The Buckle, Stein Mart and Zumiez all came in ahead of analysts estimates.

    At Gap Inc., same-store rose a better-than-expected 9% in April. By banner, sales were up 3% at Gap stores, 7% at Banana Republic and 18% at Old Navy. Analysts had expected Gap’s total same-store sales to inch up 0.1%.

  • Costco April sales beat analysts’ expectations

    The timing of Easter this year left Costco with 27 days of sales in April, rather than last year’s 28. But despite the Easter holiday shift, Costco still came out on top with a 7% increase in net sales that reportedly beat analysts’ expectations.

  • 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.

  • 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.

  • 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:

  • 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.

  • 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%.

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