-
Sales and Coupons Remain Most Successful Tactic in Driving Holiday Shoppers to the Store
Holiday 2016 is proving to be both an opportunity and a challenge for retailers, as they’re faced with catering to the behaviors and preferences of multiple generations of shoppers. It’s becoming increasingly clear that Generation Z (children ages 10-17) consumers have a significant and growing influence on household spending. And as a result, new trends are emerging this holiday season, including the record mobile app purchases we saw on Black Friday/Thanksgiving weekend. -
Lululemon tops estimates in Q3; confident about holiday
Consumers’ demand for stylish workout wear no shows on slowing down. Lululemon Athletica Inc.’s sales rose 13% to $544.4 million, surpassing Wall Street estimates. Total comparable sales, which includes comparable store sales and direct to consumer, increased by 7%. Same-store sales rose 4%. Profit in the quarter was 47 cents a share, excluding some items. Analysts estimated 43 cents on average.

