News

Closeout retailer Tuesday Morning reported a comparable-store increase of 9.1% for the first quarter ended Sept. 30, compared to the year-ago quarter. The comparable-store sales growth was fueled by a 13.4% increase in customer transactions and a 4.3% decrease in average ticket.

The company reported a net sales increase of 6.3% to $183.7 million, compared to $172.8 million in the year-ago quarter.

Washington, D.C. – Retail sales fell in September for the first time in six months, but the decline was credited to a drop-off in auto purchases. Most U.S. retail sectors experienced broad sales gains during the month, according to the National Retail, which reported that,  excluding automobiles, gas stations and restaurants, retail sales grew a seasonally 0.6% compared to the previous month and 3.8% unadjusted compared to the prior year.

Results of specific sectors include:

New York -- Nearly 90% of Americans repeatedly buy products retailers have on promotion, according to a new survey by Syngera, a global technology startup that uses big data to bring personalized digital experiences to the physical retail store.  In the survey, 85% of respondents said they would return to brick-and-mortar stores when alerted to upcoming sales of previously purchased items.

Retail sales fell in September for the first time in six months, but the decline was credited to a drop-off in auto purchases. Most U.S. retail sectors actually experienced broad sales gains during the month, according to the National Retail Federation, which reported that, excluding automobiles, gas stations and restaurants, retail sales grew a seasonally 0.6% compared to the previous month and 3.8% unadjusted compared to the prior year.

Results of specific sectors include:

The Jones Group had better-than-expected third-quarter results for fiscal 2013, as net income soared 67% to $28.3 million from $17.8 million. However, revenues in the quarter ended Oct. 5 fell about 1%, to $1.02 billion from $1.03 billion.

Cambridge, Mass. - GPShopper, a mobile solutions company whose offerings include mobile apps and websites for national retailers, has purchased Akamai Aqua Web Experience solutions to accelerate and optimize the delivery of its mobile technology. Built on the Akamai Intelligent Platform, a globally distributed cloud platform, Aqua Web Experience solutions are designed to provide end-users with optimal Web and mobile application experiences.

Crossmark has appointed former GlaxoSmithKline executive Janet Carter-Smith as VP of business development.

In her role, Carter-Smith will be focused on working with new client opportunities across Crossmark’s portfolio of services.

Beloit, Wis. – FatWallet.com is launching its 2013 annual Black Friday Deal Finder online tool and mobile app. The Deal Finder is already featuring multiple Thanksgiving and Black Friday ads from top stores, including Macy's, Radio Shack, Lowe's and Target.

New and improved features to this year's Black Friday Deal Finder include: