NRF Forecasts 2.5% Increase In 2010 Retail Sales
The National Retail Federation released its 2010 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations,…
Financials
Williams-Sonoma Reports Strong Holiday Sales Growth
The fourth quarter holiday season brought a bright surprise to Williams-Sonoma as the home specialty retailer report strong sales growth…
Best Buy Reports Robust December Sales
The holiday shopping season was a good one for Best Buy as the nation’s leading consumer electronics chain reported a…
Winter Storms Boost Online Holiday Sales
According to comScore, for the holiday season-to-date, $25.5 billion has been spent online, a 4% increase over the corresponding days last…
U.S. Container Traffic Still Soft But Growth Expect In Early 2010
After more than two and a half years of year-over-year declines, import cargo volume at the nation’s major retail container…
Evriholder Acquires A. Aronson
Evriholder Products announced today that it has acquired the assets of A. Aronson. Terms of the deal were not disclosed.…
Pier 1 Q3 Sales Up; Retailer Extends Smith’s Contract
Third-quarter sales at Pier 1 were up again as strong customer store traffic and growth in comparable store sales…
Best Buy Q3 Sales Grow
Third-quarter sales at Best Buy grew driven by new store openings and a modest growth in comparable store sales.…
November Retail Sales Provide Mixed Messages
Retail sales for November offered a mixed message as seasonally adjusted sales grew slightly but year-over-year sales were down,…
Costco Q1 Sales Up 6%
Fiscal year first quarter sales at Costco Wholesale Corporation were up 6% and comparable store sales for locations open…
CIT Emerges From Ch. 11, Stock Trading On NYSE
CIT Group Inc., today confirmed that it has emerged from bankruptcy having satisfied all of the conditions required to consummate…
CIT: Court Accepts Prepackaged Reorganization Plan, Emergence From Chapter 11 Expected In Days
CIT Group Inc. announced today that its prepackaged plan of reorganization was confirmed by the United States Bankruptcy Court for…
Big Lots Q3 Sales Up, Company Raises Fourth Quarter Outlook
With its third-quarter sales up slightly, Big Lots is expecting further sales growth the fourth quarter, company officials reported.…
Pier 1 Imports Reports Strong Q3 Comp Store Sales Growth
Pier 1 Imports reported that comparable store sales for the third quarter increased 13.7% with total sales for the…
Organize.com Sees Strong Sales Growth Over Thanksgiving Weekend
Organize.com, Inc., reported a 45% increase in sales versus last year’s Cyber Monday sales figures. The increase set an all-time…
Cost Plus November Comp Sales Grow 4.9%
Third-quarter sales at Cost Plus were down 10.4% when compared to the same quarter the previous year, but the company…
Monthly Comp Store Sales Prove Disappointing For Many Retailers
The start of the much anticipated holiday shopping season will likely be viewed as disappointing by many of the…
Cyber Monday Online Shopping Up 5% Over 2008
Holiday season retail e-commerce spending online for the first 30 days of the November/December 2009 holiday season is up 3%…
ShopNBC Inks New Credit Agreement
ShopNBC announced that on November 25, 2009, the company entered into an agreement with PNC Bank, National Association to establish…
Staples Q1 Sales Down But North American Store Sales Grow Slightly
First quarter sales at Staples were down mid-single digits but the company’s net income grew substantially. For the quarter ended…