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  • Many retailers fall a bit short in December; Limited and Abercrombie shine in specialty sector

    New York City -- After coming off a strong November, retailers found their momentum waned in December, with many turning in mixed sales for the month. Industry experts said sales were impacted by a still-cautious consumer and the blizzard the crippled the Northeast in the days immediately following Christmas.

    Thomson Reuters, which tracks same-store sales for a group of 28 national chains, said total sales for the group were expected to post a 3.4% increase in same-store sales for December, following a 5.6% bump in November.

  • Barnes & Noble reports strong holiday

    New York City -- Barnes & Noble said on Thursday that its same-store sales rose 9.7% in the nine week holiday period ended on Jan. 1. It was the chain’s best comparable-store sales performance in more than a decade. Total sales for the period rose 8.2%.

    The company said it significantly exceeded both online and in-store sales forecasts, led by strong consumer demand for Barnes & Noble's Nook brand of eReading products.

  • New Ebay fashion head a "Lucky" find

    SAN JOSE, Calif. - Ebay has announced that it will engage fashion publishing innovator and style luminary Andrea Linett as creative director for Ebay fashion. Working with Ebay’s fashion business, marketing and communications units for North America, and the company’s technology team, Linett will drive the creative vision for the company’s multibillion-dollar fashion business and will be responsible for advancing the image, voice and editorial style for the marketplace’s clothing, shoes and accessories category, the company reported.

  • comScore: Total online spending sets record $32.6 billion

    Reston, Va. -- Retail e-commerce spending for the entire November -- December 2010 holiday season reached $32.6 billion, marking a 12% increase versus last year and an all-time record for the season, according to comScore.

  • Family Dollar opens at Brice Park

    Reynoldsburg, Ohio -- Centro Properties Group announced that a 15,426-sq.-ft. Family Dollar recently opened at Brice Park, in Reynoldsburg, Ohio.

    Centro Properties Group, based in New York City, is the owner of Brice Park.

  • Walgreens December sales up 7.5%

    Deerfield, Ill. -- Walgreens reported on Wednesday that its December sales rose 7.5% to $6.8 billion. The chain said that Duane Reade stores, which Walgreens acquired in April 2010, contributed 2.5 percentage points.

    Walgreens’ same-store sales for the month rose 2.8%

    The company said front-end sales were up 9.5%. Pharmacy sales, which accounted for 58.6% of total sales for the month, saw a 6% boost.

    During the month of December, Walgreens opened three stores, including one relocation, and acquired three stores.

  • Starbucks debuts new logo

    New York City -- Starbucks unveiled a new logo Wednesday, dropping the circle with the words “Starbucks” and “Coffee” that surround its signature mermaid.

    Starbucks, celebrating its 40th anniversary this year, said the changes represent a fresh look for the company as it begins the next chapter in its history and emphasizes selling Starbucks-brand products in supermarkets and other channels beyond its retail stores.

  • Coming off strong Q1, Walgreens' Dec. sales grow

    DEERFIELD, Ill. - Shortly after announcing a record-setting first quarter last month, Walgreens reported that its December sales rose 7.5% to $6.8 billion.

    The chain said that Duane Reade stores, which Walgreens acquired in April 2010, contributed 2.5 percentage points.

    Meanwhile, Walgreens also raked in a 9.5% increase for its total front-end sales, thanks to a spike in customer traffic and basket size. Pharmacy sales for the chain, which accounted for 58.6% of total sales for the month, saw a 6% boost.

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