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Sales & Marketing

  • Aeropostale net income drops by two-thirds in Q4; to open net 38 stores this year

    New York -- Aeropostale Inc. reported Thursday that profit for the quarter ended Jan. 28 dropped to $26.1 million, from $83.8 million a year earlier, hurt by heightened supply-chain expenses.

    Revenue dipped 4% to $808.4 million in the quarter, and same-store sales fell 9%. Results edged Wall Street’s expected $807.6 million in revenue.

    For the full fiscal year 2011, Aeropostale posted a profit of $69.5 million, compared with $231.3 million last year. Revenue to $2.34 billion, from $2.40 billion in fiscal 2010.

  • Neiman Marcus opens 42nd store, making California its third largest market

    Dallas -- Neiman Marcus Group said Friday it has opened its 42nd store, a full-line department store in Walnut Creek, Calif. The opening of the store makes California the retailer’s third largest market, behind Texas and Florida.

    Neiman Marcus Walnut Creek features 85,870 sq. ft. of dedicated specialty retail space, personal shopping areas for men and women, cosmetics treatment rooms, an NM Café and a special events room.
     

  • Transforming the CPG and retail consulting industry

    To be successful, growth strategies must go beyond theoretical strategic platitudes, proprietary consumer and shopper insights, robust analytics, and innovative growth platforms; they ultimately must be measurable. To be successful in today’s fast changing world, CPG companies and retailers need to be able to quickly confirm that their strategies are working and, if they are not, quickly regroup and adapt. Strategies today need to be living, evolving blueprints that are continually tested, measured, and reinvented.

  • Body Central profit doubles in Q4

    Jacksonville, Fla. -- Apparel retailer Body Central Corp. reported Thursday that net income for the fourth quarter more than doubled to $6.1 million, compared with $2.7 million a year earlier.

    Revenue surged 20% to $80.7 million, edging Wall Street’s expected $80.5 million in revenue.

    For the year, net income more than doubled to $19.7 million from $9.8 million, and revenue rose 22% to $29.7 million.

  • Traffic and sales are “pleasing” so far

    It seems like forever ago that Walmart stopped reporting monthly sales and providing regular guidance updates, which is why one comment by Walmart CFO Charles Holley stood out above all the others he made this week at the Bank of America Merrill Lynch Consumer & Retail Conference.

  • Ann Inc. Q4 profit plummets; will open 65 stores and close 30 in 2012

    New York City -- Ann Inc. reported Friday that net income for its fiscal fourth quarter dropped to $2.2 million from $8 million in the year-ago period, hurt by heavy promotions at namesake stores.

    Sales increased to $566.7 million, from $515.3 million, and same-store sales for fourth quarter rose 5.3%.

    By brand, same-store sales plummeted 10.9% at namesake stores, but rose 8.1% at Loft stores. Strength in the online channel boosted overall same-store results.

  • Guess uses Pinterest to launch contest

    Los Angeles -- Guess Inc. has grabbed onto the Pinterest social media tool to launch a new contest for its customer base.

    The “Color Me Inspired” contest, for which Guess collaborated with four style bloggers, invites the Pinterest community to showcase how color inspires them for a chance to win a pair of color-coated denim from the Guess spring collection.

    The one-week Pinterest campaign kicked off on March 8.
     

  • Heavy promotions hurt Ann Inc. in Q4

    NEW YORK — Ann Inc.'s net income for its fiscal fourth quarter dropped to $2.2 million from $8 million in the year-ago period, hurt by heavy promotions at namesake stores.

    Sales increased to $566.7 million, from $515.3 million, and same-store sales for fourth quarter rose 5.3%.

    By brand, same-store sales plummeted 10.9% at namesake stores, but rose 8.1% at Loft stores. Strength in the online channel boosted overall same-store results.

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