Skip to main content

Seasonal

  • Deloitte Consumer Spending Index rose sharply in October

    New York -- Deloitte reported Friday that its Consumer Spending Index rose sharply in October, primarily due to the significant increase in new home prices.

    The Index tracks consumer cash flow as an indicator of future consumer spending.

  • Walmart counting on a Merry Christmas

    Walmart maintained an optimistic outlook for the holiday season despite 1.5% third quarter comp increase that reflected a modest deceleration in sales momentum seen earlier this year.

  • Target well-positioned for holidays too

    A 2.9% third quarter same store sales increase and the sale of its credit card business pushed Target’s third quarter profit up 17.6% to 96 cents a share.

    Total sales increased 3.4% to $16.6 billion in third quarter due to the 2.9% comp increase and the benefit of a net increase of 18 stores compared to the prior year. Target ended the period with 1,781 stores and was up against a challenging prior year comparison when comps advanced 4.3%.

  • Family Dollar emphasizes budget priced brands

    MATTHEWS, N.C. — Family Dollar is positioning itself as a one-stop shop for families this holiday season.

    The company plans to have in stock hundreds of toys and gifts priced at $10 or less at its more than 7,000 nationwide locations. The single price point strategy is designed to appeal to the large segment of shoppers hard-hit by the economy and who need stretch their holiday budgets.

  • Dick’s Sporting Goods debuts sweepstakes, online promotion

    PITTSBURGH, Pa. — Dick’s Sporting Goods has announced its first-ever "Get Winter Ready" consumer promotion.

    Dick’s has teamed up with The North Face and Columbia Sportswear as part of the program's sweepstakes, and will be giving away two one-of-kind prize packages. One includes a chance to join professional skier Tom Wallisch at the Winter X Games in Aspen, Colo., and the other offers a VIP experience at the 2013 FIS Freestyle Ski World Cup in Park City, Utah.

  • Bon-Ton narrows loss

    York, Pa. -- Bon-Ton Stores narrowed its fiscal third-quarter loss narrowed partly on lower expenses.

    For the period ended Oct. 27, Bon-Ton lost $10.1 million, compared with a loss of $22 million a year earlier.

    Revenue rose 2% to $668.7 million from $656.1 million. Same-store sales rose 1.9%.

     

  • BDO Survey: Retailers anticipate 3.1% increase in Black Friday sales

    Chicago -- Retailers project a 3.1% increase in sales on Black Friday, according to a survey of top retail chief marketing officers by BDO USA, LLP. This optimism follows last year's modest projection of 1.6% growth, which preceded record sales over Thanksgiving weekend.

  • Tommy Bahama prepares to open Fifth Ave. flagship

    New York -- Tommy Bahama Group Inc. said Thursday its first Tommy Bahama global flagship store will open on Nov. 17 at 551 Fifth Avenue in Manhattan.

  • Study: Retailers aim for consistent customer experience in holiday season

    Atlanta -- A majority of retailers say delivering a consistent customer experience is their top priority this holiday season, according to a new survey.

    Supply chain and retail technology provider RedPrairie released results of its “Holiday Hiring Snapshot” survey of 250 big-box, specialty, grocery, convenience store and food service retailers based in the United States, finding that nearly 60% cited the importance of consistency, with 29% saying they would hire more seasonal workers this year than last year.

  • Walmart Q3 sales miss Street, profit rises year-over-year

    Bentonville, Ark. -- Wal-Mart Stores Inc. reported Thursday net income of $3.64 billion for the quarter ended Oct. 31, up from $3.34 billion in the year-ago period.

    Sales rose 3.4% to $113.20 billion, as U.S. sales beat internal expectations but overall missed Wall Street’s expected $114.96 in revenue.

    Wal-Mart U.S. saw same-store sales rise 1.5%, marking the fifth consecutive quarter of same-store sales growth after nine straight quarterly declines. At Sam’s Club, same-store sales rose 2.7%, excluding fuel.

X
This ad will auto-close in 10 seconds