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  • Wags To Riches to relocate to Plaza Sonora

    Tucson, Ariz. -- Commercial Retail Advisors said that Wags To Riches Pet Grooming Salon has signed a new lease for 900 sq. ft. in Plaza Sonora and plans to relocate there in March 2013.

    Wags To Riches has two pet grooming salons in the Tucson area.

     

  • Sam's Club helps with New Year's resolutions

    BENTONVILLE, Ark. — Sam's Club is offering free health screenings as part of a New Year's promotion, the club retailer said Friday.

    The chain will offer free glucose, cholesterol, blood pressure, body mass index and vision screenings at all of its stores that have pharmacies on Jan. 12, from 11 a.m. to 3 p.m.

  • Rite Aid reports 2.2% decrease in comps for December

    New York -- A shift in the New Year's holiday calendar and the introduction of new generic drugs contributed to a decrease in same-store sales for the month of December at Rite Aid, the retail pharmacy chain said Thursday.

    Rite Aid reported a 2.2% decrease in comps for the four-week period that ended Saturday, including a 1% decrease in front-end comps and a 2.9% decrease in pharmacy comps.

    Total sales for the four-week period decreased by 2.7%, to $2.054 billion, compared with $2.112 billion in December 2011.

     

  • Crazy Christmas offers retailers mixed bag

    In what turned out to be one of the stranger holiday seasons in recent memory retailers fought through a range of unconventional headwinds to deliver an uneven performance.

  • Last-minute surge helps fuel December sales; Gap shines in apparel sector

    New York -- An apparel last-minute surge in holiday shopping helped many key retailers report better-than-expected sales in December. Twenty retailers reported sales in December rose an average of 4.5%, compared with the year-ago period, according to the International Council of Shopping Centers. Costco, Gap, Nordstrom and TJX Cos. were among the best performers.
     

  • Family Dollar posts lower profit in Q1; 500 stores planned

    Matthews, N.C. -- Family Dollar Stores Inc. reported Thursday a profit of $80.3 million for the quarter ended Nov. 24, compared with $80.4 million in the year-ago period.

    The company said that higher sales on everyday items like cigarettes and soft drinks put pressure on margins.
        
    Net sales increased 12.7% to $2.42 billion in the period, and same-store sales grew 6.6%.

  • Online sales set new record

    Online holiday season sales grew 14% to $42.3 billion, a little short of comScore’s pre-season forecast.

    The online measurement firm originally projected that online sales during the November and December period would increase 16% to $43.4 billion. However, after a strong start online sales fizzled a bit in early December and never quite regained enough momentum to achieve the firm’s earlier target.

  • Christmas sales soft at Target

    Weaker than expected December sales at Target will cause fourth quarter profits to come in at the low end of an earlier forecast, the company said.

    Sales at Target for the five week period ended December 31, increased 0.8% to $10.2 billion while same store sales were essentially flat, below the company’s guidance which called for an increase in the low single digits. The performance was driven by a low single digit decrease in comparable store transactions, offset by an increase in average transaction size.

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