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Retail

  • Urban Outfitters grows holiday sales 8%

    Philadelphia – Net sales at Urban Outfitters for the two months ended Dec. 31, 2013, increased to $716 million, or 8% from the same period in the previous year. Same-store retail segment net sales, which include the direct-to-consumer channel, increased 3%.

    Same-store retail segment net sales increased 21% at Free People and 11% at Anthropologie and decreased 6% at Urban Outfitters. Wholesale segment net sales increased 21%.

  • Euclid offers free offline customer analytics

    SAN FRANCISCO – Brick-and-mortar customer analytics provider Euclid is introducing Euclid Express, a free analytics solution that provides retailers with insights into customer behavior and store performance. Using existing Wi-Fi, Euclid allows retailers to assess the offline impact of marketing activities, identify trends in store performance, and improve the overall shopping experience.

  • Franklin Flea returning to Philadelphia in April

    Philadelphia — Franklin Flea’s successful holiday season earned the once-a-week indoor flea market a return booking for April.

    Starting back in November, Franklin Flea brought local artisans and vendors together in Center City Philadelphia to showcase handmade, repurposed and antique items as well as an assortment of artisan foods.

  • Burke-Gillis-Juliano consultancy to serve extended retail value chain

    Retail and consumer products industry veterans Vince Burke, Jim Gillis and Rich Juliano have founded the Burke-Gillis-Juliano Group, a global consultancy focused on the supermarket, mass retail, convenience, drug and specialty retail trade channels.

    The consultancy will offer executive management, market strategy, mergers and acquisitions, private equity, business development, product marketing, trade relations and related services to leading retailers, suppliers and vendors in the United States and around the world.

  • Cato deploys Celerant Technology for e-commerce site

    Staten Island, N.Y. -- Women’s apparel retailer Cato has made its debut into the world of online shopping with the launch of its first ever e-commerce site. With the help of its implementation partner Celerant Technology, the new website will support the growth of the brand and will offer the same collections as its brick-and-mortar stores, as well as additional sizes, colors and exclusive items.

  • Urstadt Biddle acquires two New Jersey shopping centers

    Greenwich, Conn. — Urstadt Biddle Properties Inc. has acquired two shopping centers in New Jersey: Boonton A&P Center in Boonton and Bloomfield A&P Center in Bloomfield.

    The company paid $18.4 million, subject to an existing $7.8 million mortgage, for the 63,000-sq.-ft. Boonton A&P Center. Constructed in 1999, the center features a 49,463-sq.-ft. A&P plus Dunkin’ donuts, Chase Bank, Subway, Supercuts and Sprint. More than 90% of the tenants are national or regional names.

  • Costco's sales and comps climb in December

    Costco’s sales increased by 6% in the month of December and the first few days of January compared with December 2012.

    The Issaquah, Wash.-based company reported sales of $11.53 billion during the five weeks that ended Sunday, compared with $10.87 billion during the same period last year. Comps increased by 5% at the company's U.S. stores.

    For the 18 weeks that ended Sunday, sales were $38.33 billion, a 6% increase over the $36.26 billion in sales the company had the year before. Comps in the United States increased by 4%.
     

     

  • Survey: Landscaping top DIY project for 2014

    Atlanta -- Landscaping is the most popular outdoor do-it-yourself (DIY) home improvement New Year’s resolution project. According to a recent online survey of 540 homeowners by the Home Projects Council (HPC), homeowners selected landscaping (15.2%), planting a garden (13.5%) and building a deck (6.3%) as the top three outdoor DIY home improvement New Year’s resolution projects.

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