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  • Holiday season-to-date sees 15% jump in online sales

    RESTON, Va. — The holiday season-to-date has garnered $24.6 billion in online sales, a 15% increase above corresponding days last year, ComScore reported.

    In addition to the 15% increase in spending recorded for the first 39 days of the holiday season, ComScore also noted that the most recent week (week ended Dec. 9) reached $5.9 billion in spending, an increase of 15% versus the corresponding week last year.

  • First Data: November spending up a moderate 7.3%

    Atlanta -- The SpendTrend analysis released Friday by First Data Corp., which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations, found that overall year-over-year dollar volume growth was up 7.3% in November 2011, down from October’s 9.4% growth.

    November 2011 had tough comparables as November 2010 was a particularly strong month, with dollar volume growth up 8.1%, according to First Data. November 2011 transaction growth was 6.1%. 

  • Thomson Reuters/U of Michigan shows climbing consumer confidence

    New York City -- The Thomson Reuters/University of Michigan preliminary index of consumer sentiment showed Friday that confidence among U.S. consumers rose more than forecast in December as Americans’ outlooks improved. 

    The index rose to 67.7, a six-month high, from 64.1 at the end of November. The median estimate of 73 economists surveyed by Bloomberg News called for a reading of 65.8. The gauge averaged 89 in the five years leading up to the recession that began in December 2007 and ended in June 2009. 

  • Sears Holdings helps customers save some green

    HOFFMAN ESTATES, Ill. — Sears Holdings announced that it will help make customers' "green" go further this Green Monday (Dec. 12) at Sears.com and Kmart.com.

    Shoppers can take advantage of up to 70% off across popular categories available on Sears.com and Kmart.com on more than 500 deals that are as good as Cyber Monday prices, the company reported.

  • Duckwall-ALCO swings to profit in Q3 with one-time gain

    Abilene, Kan. -- Duckwall-ALCO Stores reported Friday that it recorded a profit of $0.1 million in the quarter ended Oct. 30, compared with a loss of $2.1 million in the year-ago period.

    Sales increased 3.6% to $109.8 million, and same-store sales excluding fuel centers increased 2.7%. 

  • TRU Q3 sales down ahead of holiday shopping season

    WAYNE, N.J. — Toys“R”Us' focus on the upcoming holiday shopping season was reflected in its third quarter results, which included a sales decrease. The company reported that net sales for the quarter were $2.7 billion, compared to $2.72 billion in the prior year. The company said it saw continued strength in learning and core toys, while the video game category remains a challenge.

    Comparable store net sales decreased by 2.2% in the domestic segment and 3.9% in the international segment. 

  • Dollar stores offer continued competition

    Walmart faces increased competition from dollar stores, as their value proposition still resonates with cash-strapped consumers. Dollar General, for example reported that net income for its third quarter was $171 million, 50 cents per diluted share, compared with net income of $128 million, or diluted EPS of 37 cents, in the third of fiscal 2010. The company reported that same-store sales increased 6.3% for the quarter.

  • ShopperTrak: Retail sales flat first week of December

    Chicago -- A report release Wednesday by ShopperTrak said that sales increased just 0.2% year-over-year for the week ending in Dec. 3, representing a 22.5% decline from the prior week, which held the largest Black Friday in history — both in terms of sales and traffic. 

    According to ShopperTrak, this sharp decline in retail sales is typical of the week following Thanksgiving. Although shoppers have an initial burst of activity spurred on by Black Friday sales promotions, they often stay home during the following week. 

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