-
DSW ‘rebounds’ in Q1 to minimize same store sales dip
COLUMBUS, Ohio — Footwear and accessories retailer DSW reported net sales for the first quarter ended May 4 of $601 million, an increase of 7.7% from $559 million for last year's first quarter. Comparable sales for the quarter decreased by 2.4%, following an increase of 7.6% during the 13-week period ended April 28, 2012.
-
PriceGrabber: Father’s Day gets practical
Los Angeles – A survey from online shopping site PriceGrabber indicates U.S. consumers are leaning toward practical Father’s Day gifts this year. Almost four-in-10 (38%) consumers plan to purchase practical Father’s Day presents this year, such as tools, auto accessories or appliances.
Nearly one-fifth of respondents (18%) are planning to shop for a tech-type gift such as a computer, tablet or smartphone. Forty-five percent of men plan to buy a practical gift, compared to 33% of women.