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Apparel

  • Limited sees comps boost

    COLUMBUS, Ohio — Limited Brands reported that comparable-store sales for the fourth quarter were up 5% and that net sales for the same period were $3.86 billion compared with $3.5 billion for the same period last year.

    For the month of February, the company posted sales of $986.4 million compared with $774.5 million for the same period last year. Same-store sales for the month rose 9%. 

  • Comps moderate at TJX and Ross

    Same store sale decelerated for The TJX Companies and Ross Stores during January even though both companies increased their full year profits forecasts.

    TJX, operator of Marshalls and T.J. Maxx stores, said comps increased 3% during the period ended January 28. That figure was better than expected, but less than half the prior year gain of 7%. Sales for the five week period ended February 2 increased nearly 36% to $1.9 billion due to the inclusion of an additional week.

  • Macy's, Kohl's post positive comps

    NEW YORK — Department store retailers reported strong sales in January as shoppers responded positively to post-holiday clearance events.  

    Overall, the 20 retailers reporting January comps saw an average rise of 5.1%, according to the International Council of Shopping Centers, which beat the mall trade group’s 3% forecasted rise.

  • Zappos tailors Facebook to fit revenue goals

    SAN FRANCISCO -- Social marketing platform Kenshoo Social said Wednesday that it has completed an integrated Facebook marketing campaign for Zappos and cloud-based social marketing platform, Shoutlet.

    During a two-month test on a single-brand page, Zappos’ Facebook posts generated approximately 85,000 visits to its website. The traffic produced an average order value on par with its paid search and social marketing programs and achieved an average conversion rate of 1.75%.

  • Men outspend women on Valentine’s Day gift-giving

    Austin, Texas -- Online coupon site RetailMeNot.com reported Thursday that men outspend women by more than $120 on Valentine’s Day gift giving.

    According to the just-released results of the Valentine edition of RetailMeNot.com’s Shoppers Trend Report, the average person in a relationship plans to spend $226 for Valentine’s Day this year; the break-out is dominated by men, however, as they plan to spend $287 versus women at $164.

  • comScore: Retail e-commerce up 15% over last year

    Reston, Va. -- A report released Thursday by comScore found that retail e-commerce sales in the U.S. rose to $186.2 billion in 2012, an increase of 15% and the strongest annual growth rate since before the recession.

    Fourth quarter 2012 sales grew 14% year-over-year to $56.8 billion, marking the first-ever $50 billion quarter. It also represents the 13th consecutive quarter of positive year-over-year growth and ninth consecutive quarter of double-digit growth.
     

  • Zappos teams with Kenshoo Social and Shoutlet on Facebook marketing

    San Francisco -- Social marketing platform Kenshoo Social said Wednesday that it has completed an integrated Facebook marketing campaign for Zappos and cloud-based social marketing platform, Shoutlet.

    During a two-month test on a single-brand page, Zappos’ Facebook posts generated approximately 85,000 visits to its website. The traffic produced an average order value on par with its paid search and social marketing programs and achieved an average conversion rate of 1.75%.

  • Discount sector posts strong January showing

    New York -- There were few missteps among the discounters in January, as most posted strong results, many surpassing Wall Street expectations.

    Target reported a same-store sales rise of 3.1%, topping Wall Street expectations. Total sales surged 29.6% to $5.97 billion in January.

  • Macy’s, Kohl’s have positive January results

    New York -- Department store retailers reported strong sales in January as shoppers responded positively to post-holiday clearance events.  

    Overall, the 20 retailers reporting January comps saw an average rise of 5.1%, according to the International Council of Shopping Centers, which beat the mall trade group’s 3% forecasted rise.

  • Retail sales results mixed in January

    New York -- Although there were some surprising gains among retailers in January, for the most part results were expectedly mixed, as consumers took a hit on their take-home pay from higher payroll taxes but cooler weather gave a boost to others.

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