Skip to main content

Seasonal

  • Department stores show mixed results in November

    New York City -- In a heavy promotional environment starring early sales and steep discounting, the department store players turned in mixed performances in November. Industry-wide retail sales on Black Friday rose 7% to $11.4 billion, the largest amount ever spent, according to ShopperTrak.

  • Report: Mobile shopping to grow during holiday season

    Boston -- A new survey by website technology company Modapt and communications firm Morrissey & Co., evaluating mobile phone users’ holiday shopping habits and plans, found that more than half of respondents are making purchases using their mobile devices. Nearly one quarter of those surveyed have used mobile devices in the past to purchase holiday gifts.

    The results also show that during the holiday season:

  • First Data Black Friday report: Charged purchases increased 6.3% over last year

    Atlanta -- A report released Thursday by First Data Corp., which tracks same-store consumer spending via credit, signature debit, PIN debit and EBT cards at U.S. merchant locations, found that dollar volume for the Thursday-Friday shopping period grew 6.3% over last year, and transaction growth was 7.3%.

    The First Data SpendTrend analysis showed that Electronic/Appliances, Clothing and Accessory Stores, and NonStore Retailers were some of the merchant categories that saw a boost in dollar volume growth this year.

  • Traffic, ticket increases drive up Pier 1 comps

    FORT WORTH, Texas — Comps continue to improve at Pier 1 Imports, thanks to increased traffic and average ticket size. The company reported that comparable-store sales for the third quarter increased 7%. This was on top of a 10.2% comps increase in the prior-year period. Total sales for the quarter increased 8.2% to $383 million compared with $354 million in the year-ago quarter.

  • Retailers report strong November sales

    New York City -- Most retailers are reporting strong sales gains in November, with their performance boosted by heavy traffic over a promotion-fueled Black Friday weekend. Among the retailers that reported results beating Wall Street expectations were Macy’s, Costco Wholesale, Limited Brands and The Buckle.

    Target was a notable exception in November, reporting a same-store sales gain of 1.8%, missing Wall Street’s expected 2.8% gain.

  • Survey: Promotional emails drive Thanksgiving holiday sales

    San Bruno, Calif. -- A report released Thursday by email and cross-channel marketing solution provider Responsys found that promotional email marketing volume during the Thanksgiving holiday weekend hit an all-time high, helping to drive significant increases in online sales.

  • Zumiez profit increases 15% in Q3

    Everett, Wash. -- Zumiez Inc. reported Thursday that net income for the quarter ended Oct. 29 rose 14.8% to $14.1 million, from $12.3 million in the prior fiscal year.

    Revenue climbed 13.3% to $154 million from $135.9 million, and same-store sales grew 6%.

    “We are pleased with the current pace of growth for our business and believe our product assortment has us well positioned for the remainder of the holiday selling period," said Rick Brooks, CEO.

  • Target comps light in November

    MINNEAPOLIS — Target reported November same-store sales increased 1.8%, which was toward the low end of the company’s guidance that called for an increase in the low to mid single-digit range.

X
This ad will auto-close in 10 seconds