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Seasonal

  • Bebe records Q2 loss on discounting and falling sales

    Brisbane, Calif. -- Bebe Stores Inc. swung to a loss in its fiscal second quarter from a profit a year ago amid heavy discounting during the holiday shopping season.

    Bebe said it lost $4.8 million for the three months that ended Dec. 29, according to preliminary results, versus a profit of $6.5 million a year earlier.

    Net sales dropped 11% to $135.5 million. Same-store sales fell 10.5%.

     

  • Lids to operate temporary Super Bowl stores in New Orleans

    Indianapolis -- Lids Sports Group and the National Football League announced Thursday that Lids will manage multiple retail locations in New Orleans, in addition to operating the principal NFL Shop at Super Bowl Presented by Visa.  

    The temporary stores are located within the French Quarter, Riverwalk, and local NFL host hotels as a means to offer Super Bowl spectators alternate sites to purchase official fan gear prior to the NFL season’s championship game.  
     

  • Walmart prevails in union ordeal

    Organized labor was dealt a setback in its attacks on Walmart on Thursday when the National Labor Relations Board sided with the retailer in a dispute involving the United Food and Commercial Workers.

    The UFCW reached a settlement with Walmart stemming from demonstrations the union organized at various Walmart stores on Black Friday. The protests received considerable media attention at the time as the union sought to persuade Walmart employees to walk off the job on the busiest day of the year.

  • Rite Aid comps up on strong flu season

    CAMP HILL, Pa. — Rite Aid reported a slight increase in same-store sales for the month of January, thanks in part to strong sales of flu products.

  • NRF sees only slight increase in Valentine’s Day spending

    Washington -- Consumers aren’t quite ready to shell out the big bucks for their loved ones this Valentine’s Day as much as they were last year. The 2013 Valentine's Day Consumer Intentions and Actions Survey conducted for the National Retail Federation by BIGinsight shows only a slight increase in expected sales this year with the average person planning to spend $130.97 on candy, cards, gifts and more, up from $126.03 last year. Total spending will reach $18.6 billion.

  • Ikea raise $12M for UNICEF

    CONSHOHOCKEN, Pa. — The Ikea Foundation, with the help of its customers and employees, have donated $12 million to UNICEF and Save the Children for projects that will help create opportunities for children to have access to a quality education.

  • GameStop plays up pre-paid wireless offering

    GRAPEVINE, Texas — GameStop announced that it is now offering NET10 unlimited talk, text and data service at all U.S. GameStop stores. 

    In addition to pairing up with NET10, and just in time for tax refund season, GameStop has launched the “Re-Fun Your Refund” promotion that runs through March 2, 2013. From new to pre-owned, customers can choose from the best games, gaming consoles, headsets, mobile electronics and more.

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