Skip to main content

Seasonal

  • Toys"R"Us donates $200K to help hurricane-affected children

    WAYNE, N.J. — Toys“R”Us announced that its Children’s Fund will make a $200,000 donation to the American Red Cross to support relief efforts in the aftermath of Hurricane Irene.

  • Study: Mobile devices to account for 15% of Web searches on Black Friday

    New York City -- Fifteen percent of Web searches on Black Friday will be done on mobile devices, according to a study by Google’s AdMob.

  • Irene hits department stores in August; Macy’s still beats Street, Kohl’s and J.C. Penney fall short

    New York City -- Macy’s reported that its same-store sales rose 5% in August, beating estimates. The retailer said sales would have been higher by 1.5% points without the impact of Hurricane Irene. Industry analysts had warned that the storm would impact department stores and specialty retailers the most as consumers focused on buying generators and other emergency and recovery items versus back-to-school and discretionary products.

  • Sears, Kmart help support Irene recovery efforts

    NEW YORK — Sears and Kmart stores announced that they are supporting emergency relief efforts in a dozen states to help residents recover from Hurricane Irene’s damaging winds and floodwaters.

    Sears and Kmart stores will offer discounts on recovery items in stores throughout Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and Vermont.

    Key discounts include:

    Kmart:

  • Pier 1 continues to bring strong comps home

    FORT WORTH, Texas  — Pier 1 Imports reported a 10.8% same-store sales increase for the second quarter ended Aug. 27, on top of an 11.2% comps increase for the same period last year, driven primarily by increases in traffic and average ticket. Total sales for the quarter improved to $340 million compared to $310 million in the year-ago quarter. 

    Pier 1 said it expects earnings per share for the quarter to be 14 cents.

  • Toys ‘R’ Us to cut back on holiday pop-up

    New York City -- Toys “R” Us will open fewer holiday pop-up stores this year, Reuters reported.

    In 2010, the chain opened some 600 temporary Toys “R” Us stores nationwide. But spokeswoman Kathleen Waugh said the company has decided to open fewer stores this holiday season, according to the report.

  • August sales weather hurricane, low consumer confidence

    NEW YORK — Despite low consumer confidence, the volatile economy and a hurricane, many retailers reported better-than-expected sales in August. Hurricane Irene appeared to put a dent in the results of some retailers on the East Coast, but the storm did not appear to do as serious damage as some expected.

    Total retail sales rose 4.4%, just missing the 4.6% rise that Wall Street analysts had expected, according to Thomson Reuters. Of the 19 out of the 25 retailers that Thomson Reuters tracks, 11 beat expectations.

  • Lowe's makes hurricane-relief contribution

    MOORESVILLE, N.C. — Lowe's pledged $1 million to disaster relief and rebuilding efforts in communities affected by Hurricane Irene.

    “This has been a record-setting year for disasters across the country, and Lowe’s will continue to provide funding, supplies and volunteers whenever possible," said Robert A. Niblock, Lowe’s chairman, president and CEO.

X
This ad will auto-close in 10 seconds