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  • Walgreens and Rite Aid report rise in December same-store sales

    New York City -- Walgreen Co. said Thursday that its same-store sales increased 0.4 percent in December, beating analysts' estimates for a decline of 0.1%.

    Front-end sales were up 0.6%. Same-store pharmacy sales, which make up nearly 60% of total sales, rose 0.2%. Walgreen said those sales were hurt by more launches of generic drugs, as well as a milder season for coughs, colds and the flu.

    Rite Aid Corp. said Thursday its December same-store sales rose 3.6%, boosted by higher pharmacy sales.

  • Hot Topic holiday same-store sales up 1.2%

    City of Industry, Calif. -- Hot Topic reported Wednesday that same-store sales for the nine-week holiday shopping period of November and December edged up 1.2%. The company upped its fourth quarter guidance based on the results.

    In related news, Hot Topic has named Cindy Levitt as VP, general merchandise manager, effective Jan. 16.

  • Zumiez sales, comps up in December

    Everett, Wash. -- Zumiez Inc. reported Wednesday that total sales for the five-week period ended Dec. 31 increased 18.1% to $104.6 million, compared to $88.5 million last year.

    Same-store sales surged 10% for the period.

    Based on better than planned holiday sales and product margin, the company has increased its guidance and now expects fiscal 2011 fourth quarter total sales of $180 to $181 million.

  • Goody to launch heat styling line at Target, Walmart

    ATLANTA — Goody is launching for 2012 its first-ever heat styling products that are slated to hit Target and Walmart shelves in March.

    The new collection is comprised of the Goody Heat Flash Dry blow dryer, Smart Temp blow dryer and Wave Creator styling iron.

  • ICSC: Sales surge 5.3% in last week of December

    New York City -- A report released Wednesday by the International Council of Shopping Centers and Goldman Sachs said that post-Christmas shopping surges propelled U.S. same-store sales significantly forward during the week after Christmas.

  • Report: December same-store sales expected to rise 4.3%

    New York City -- Wall Street analysts expect retailers to report a healthy end to the holiday season, fueled by discounts, improved consumer sentiment and such tactics as extended hours and layaways, Reuters reported.

    Twenty-two major chains, from Macy's Inc. to Costco Wholesale Corp, are likely to post an aggregate 4.3% increase in December same-store sales according to Thomson Reuters.

  • Awaiting December comps with breathless anticipation

    Target chairman, president and CEO Gregg Steinhafel drew a proverbial line in the sand last month when he noted the company’s same-stores sales performance in December would be better than the company’s modest showing in November.

    Actually, what he said was, “For the month of December, our comparable-store sales results will compare the five weeks ending Dec. 31, 2011 to the five weeks ended Jan. 1, 2011. We expect a low to mid single-digit increase in Target’s comparable-store sales for this period, stronger than our November performance.”

  • ComScore: Holiday online spending up 15% to $35.3 billion

    Reston, Va. -- Consumers spent some $35.3 online from Nov. 1 through Dec. 26, up 15% from last year, according to ComScore Inc.

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