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Retail

  • Ann Inc. anticipates higher sales for Q4 2013

    Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis.

    For the full year, Ann Inc. issued guidance for total net sales of $2.49 billion, reflecting a total net sales increase of 5% and a same-store sales increase of 2%.

  • PriceSmart sales rise in January

    San Diego - For the month of January 2014, net sales at PriceSmart increased 11.5% to $193.5 million from $173.5 million in January a year earlier. For the four weeks ended Jan. 26, 2014, same-store sales for the 30 warehouse clubs open at least 13 1/2 full months increased 8.4%, compared to the same four-week period last year.

    There were 32 warehouse clubs in operation at the end of January 2014, compared to 30 warehouse clubs in operation in January 2013.

  • RILA applauds "practical" reg reform

    Government regulators tend to complicate retailers’ lives more often than not, but one federal agency is winning praise from a key trade group for its common sense approach to compliance.

    Yesterday, the U.S. Environmental Protection Agency (EPA) released its Notice of Data Availability (NODA) as part of its process to improve existing regulations that have been applied to the handling of unsold or returned consumer products at retail facilities. The Retail Industry Leaders Association (RILA) released the following statement today in response to EPA’s notice.

  • NRF: Retail employment up year-over-year, could be higher

    Washington, D.C. – The National Retail Federation (NRF) calculated that retail employment was down 21,600 jobs in January 2014, yet up 230,000 jobs year-over-year. December retail employment figures were revised up to a gain of 57,000 jobs.

    The Bureau of Labor Statistics Employment Situation report showed that January total nonfarm payroll employment rose by 113,000, with the unemployment rate at 6.6% and the labor force participation rate at 63%.

  • Giant Carlisle searches for new president

    Rick Herring, president of Ahold USA’s Giant Carlisle Division, plans to retire, effective Feb. 14.

    Herring has been at Ahold for nearly 25 years and the company credits him with having made many contributions to the organization.

    “We would like to thank Rick for his numerous contributions to our companies, as well as for his leadership, dedication and years of service," stated James McCann, Ahold USA COO. "We wish him all the best in this next phase of his life and career.”

  • Sport Chek, West Edmonton Mall, Edmonton, Alberta

    Sport Chek has opened a flagship in the largest shopping mall in North America: West Edmonton Mall, Edmonton, Alberta (Canada). The sporting goods retailer has woven interactive technology and digital installations throughout the 80,000-sq.-ft. space, which is designed to offer a personalized shopping experience that connects consumers to the sports they are passionate about.

  • Kirkland’s not immune to severe weather

    Kirkland’s reported improved year-over-year net sales for the full fiscal year 2014 but a decrease in the fourth quarter, thanks to severe weather-related declines in traffic throughout December, which affected important weekend sales days.

    Net sales increased 2.7% to $460.6 million during fiscal 2014, compared with $448.4 million the prior fiscal year, while same-store sales rose 0.5%.

    During the fourth quarter, net sales decreased 4.2% to $156.1 million, compared with $162.9 million in the previous fourth quarter. Same-store sales were flat.

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