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Retail

  • Nook helps salvage B&N sales

    NEW YORK — Increases in Nook products helped offset a decline in physical book stores at Barnes & Noble during the second quarter. Total sales for the period ended Oct. 29, 2011, slipped 0.6% to $1.89 billion from $1.90 billion in the year-earlier quarter, with the biggest drop occurring at the chain’s college stores. Online revenue grew 17% in the quarter to $206 million, which the company attributed to increases in sales of ebooks and its Nook line of e-reading devices.

  • Perrin Paris to open at the Carlyle Hotel

    New York City -- Prudential Douglas Elliman's Retail Group said it has arranged the first New York flagship for Perrin Paris at the Carlyle Hotel on Madison Avenue between 76th- and 77th Streets.

    The House of Perrin is renowned for its elegant and timeless leather gloves, handbags and accessories, often composed of such unique and exotic skins as crocodile, python and more. Neighboring boutiques in the Carlyle Hotel include Vera Wang, Stubb & Wootton and Yves Delorme Linens.
     

  • ShopperTrak: Black Friday weekend sales up, foot traffic down

    CHICAGO — While retail sales during the Black Friday weekend increased this year, it seems that foot traffic may have dropped, according to a new report by ShopperTrak.

  • Pure Health Bar makes New Jersey debut at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Pure Health Bar has opened at Cherry Hill Mall, in Cherry Hill, N.J.

    Located in the Food Court, the 263-sq.-ft. Pure Health Bar is the only one of its kind in New Jersey and Pennsylvania, expanding the mall’s roster of first-to-market retailers.

  • And in other pricing news . . .

    Walmart prices are lower than dollar store competitors in two New Jersey markets, but not by much, according to a recent survey conducted by Deutsche Bank.

  • Supervalu joins DOE’s Better Buildings Challenge

    Washington, D.C. -- Supervalu has joined the U.S. Department of Energy’s Better Buildings Challenge, which aims to engage building operators nationwide in improving energy efficiency by 20% by 2020. The announcement was made by President Barack Obama and former President Bill Clinton during a leadership event attended by Craig Herkert, Supervalu chief executive officer and president, in Washington, D.C.

  • 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.

  • Kroger posts 32 consecutive quarters of comp sales gains

    CINCINNATI, Ohio — Kroger posted its 32nd consecutive of same-store sales gains as the grocer continues to grab market share due to a combination of a customer service initiative and value pricing.

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