Seasonal

Macy’s, Saks and J.C. Penney beat Street in July, Kohl’s disappoints as sales fall
New York City -- Department store retailers registered solid gains in July, with Macy’s, Saks and J.C. Penney all beating analysts’ estimates. Kohl’s, however, fell short of estimates as its sales fell.

At Macy's, same-store sales rose 5% in July, beating analysts' estimates of 4.1%. The company’s online sales (macys.com and bloomingdales.com combined) surged 36.7% in July, 40.2% in the second quarter and 39.2% in the first half of 2011.
Target on track with 2Q comp acceleration
MINNEAPOLIS — July same-store sales at Target increase 4.1% on top of a prior year gain of 2%, with increase transaction size the primary driver of an increase toward the upward end of the company’s guidance.

Costco takes designer wedding gowns down South

LOS ANGELES, Calif. — Costco announced that it is bringing its Kirstie Kelly wedding gowns to the South during limited-time trunk shows at select locations.
A.C. Moore fails to craft 2Q sales growth

BERLIN, N.J. — A.C. Moore Arts & Crafts saw sales for its second quarter decrease 0.8% to $99 million from $99.9 million last year. According to the company, the decrease was primarily due to a decrease in comparable-store sales of 0.7%. Net loss for the quarter was $7.9 million, or 32 cents per share, compared with a net loss of $9.7 million, or 40 cents per share in the second quarter of last year.
Target helps Minot get back to school with flood relief

MINNEAPOLIS — Target announced that it has donated $15,000 in monetary support and product to assist with Minot, N.D. flooding relief efforts. The company said its donation will help four Minot schools, including Long Fellow, Perkett, Eric Ramstad and Lincoln. Each school will receive $3,000 to support classroom relocation efforts due to flood damage. .
Build-a-Bear Workshop narrows loss in Q2

St. Louis -- Build-A-Bear Workshop reported Thursday that it narrowed its loss in the quarter ended July 2 to $6.7 million, compared with a loss of $8.5 million in the year-ago period.

The retailer increased total revenue 10% to $81.8 million, and consolidated same-store sales 7.1%.

The retailer cited improved efficiencies and reduced expenses for the performance improvements.
Toys"R"Us kindles an e-reader deal

WAYNE, N.J.— Amazon, which reported record 2Q sales, will get even more help boosting its bottom line now that Toys"R"Us will start selling the online retailer's popular Kindle e-reader.
Digital revival overdue as Target.com leaking visitors

It’s a good thing Target is preparing a major relaunch of its digital platform considering traffic to the company’s website has decelerated this year, according to online measurement firm comScore, which publishes a monthly list of the top 50 U.S. Web properties. Target climbed back into comScore’s to 50 ranking in June with 23.8 million unique visitors.
Growing profits down on the farm

BRENTWOOD, Tenn. — Tractor Supply Company continues to operate in a fertile market segment that enabled the nation’s largest farm and ranch store chain to harvest record profits during the second quarter.
Survey: More than half of retailers optimistic about rest of year

North Plainfield, N.J. -- Results of a survey released Tuesday by shopping center owner Levin Management Corp. showed that, while store sales remain relatively flat, the majority of its retail tenants are optimistic about the balance of 2011.

Macy’s, Saks and J.C. Penney beat Street in July, Kohl’s disappoints as sales fall

Target on track with 2Q comp acceleration

Costco takes designer wedding gowns down South

A.C. Moore fails to craft 2Q sales growth

Target helps Minot get back to school with flood relief

Build-a-Bear Workshop narrows loss in Q2

Toys"R"Us kindles an e-reader deal

Digital revival overdue as Target.com leaking visitors

Growing profits down on the farm

Survey: More than half of retailers optimistic about rest of year