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  • Fred's monthly sales rise; moves ahead with 2011 operating plan

    MEMPHIS — Fred's on Thursday reported a 3% increase in sales for the five weeks ended April 2, reaching $188.8 million.

    Comparable-store sales for the month rose 0.7%, versus an increase of 3.6% in the same period last year.

  • NRF Survey: Easter food, gift, apparel sales expected to climb

    Washington, D.C. -- A report released Thursday by the National Retail Federation and conducted by BIGresearch found that spending on food, gifts and apparel is expected to increase this Easter.

    According to NRF’s 2011 Consumer Intentions and Actions survey, the average consumer is expected to spend $131.04 on everything from candy to clothes -- up from last year’s $118.60, but still not quite meeting pre-recession spending levels.

    Total spending on Easter-related merchandise is expected to reach $14.6 billion.

  • Discounters post stronger than expected March results

    New York City -- Although there were some same-store drops among the discount retail players in March, most beat Wall Street expectations and showed that shoppers are continuing to spend despite a less-than-ideal economic climate.

    Costco Wholesale Club was a strong performer in March, beating analysts’ estimates with a 7% rise in same-store sales for the month, excluding fuel. Wall Street expected a 5.5% increase.

  • Nordstrom and Saks lead department stores in March

    New York City -- Showing that luxury is experiencing measurable bounce in the recovering economy, the higher-end department stores led the same-store sales pack in March.

    Saks outperformed the rest of the category, recording an 11.1% same-store sales increase during the month. Total sales rose 9.2% to $260.2 million, compared with $238.2 million in the year-ago period.

  • March sales stronger than expected

    New York City -- Shoppers surprised analysts in March by spending stronger than expected during the month, despite rising gas prices, cooler-than-normal temperatures and a late Easter. The Thomson Reuters Same-Store Sales Index rose 1.7% in March, beating estimates, which called for a decrease of 0.7%.

  • Sam's Club offers a taste of Spring

    BENTONVILLE, Ark. -- Sam's Club announced that it is helping members and non-members prepare for spring celebrations by inviting them to a national "Spring Taste of Sam's Club" sampling event from April 15 to 17.

    This complimentary tasting weekend will showcase gourmet finds and crowd favorites at locations nationwide from 11 a.m. to 6 p.m, Sam's Club reported.

  • March a solid month for retail

    PURCHASE, N.Y. -- Most retail segments showed solid year-over-year retail growth in March, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and services sales.

    Electronics sales and department stores showed modest gains while luxury and e-commerce recorded strong growth. Some segments of the restaurant sector also showed strength in March.

  • Anthropologie and Cork Forest Conservation Alliance team up for Earth Day

    Salem, Ore. -- Anthropologie and the Cork Forest Conservation Alliance (CFCA) announced a joint initiative in all 153 Anthropologie stores in the United States and United Kingdom to increase awareness and promote the preservation of Mediterranean cork forests, one of the planet’s most important ecosystems.

  • Cabela’s expands in Canada

    Sidney, Neb. -- Cabela’s will open a store Saskatoon, Saskatchewan, Canada, in spring 2012. The 50,000-sq.-ft. store will be Cabela’s third store in Canada, joining locations in Winnipeg, Manitoba, a former S.I.R. Warehouse Sports Store acquired and converted in 2008, and Edmonton, Alberta, to open late this summer.

  • A&P highlights Kosher offerings for Passover holiday

    MONTVALE, N.J. — Grocer A&P has kicked off a new initiative to expand its Kosher product offerings in time for the Passover holiday season.

    From now through April 28, Passover shoppers at select A&P, Pathmark, Waldbaum's and Food Emporium stores serving Jewish communities throughout the tri-state area will find new and improved Kosher grocery selections, the retailer stated. Enhanced offerings include Kosher prepared foods and deli meats.

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