september

Retail
Analysis: September Sales Bode Well For Holidays

September retail sales results hold positive prospects for the holiday season, according to Deborah Weinswig, CEO and founder of Coresight Research and Alex Fitzgerald, a principal in the consumer practice at Kearney, a global management consulting firm.

Financials
Costco Posts Double Digit September Comp Gains

With consumers continuing to favor the company in a market influenced by the COVID-19 pandemic, Costco posted a 16.9% net sales increase for the five-week fiscal month of September ended October 5 to $16.84 billion.

Retail
Prosper: November Consumers Wary

Consumer sentiment remained unchanged in early November from early October, according to Prosper Insights & Analytics, with 42.7% of consumers saying they were confident or very confident in the prospects for the economy.

Financials
Fred’s Comps Slide In September

For the five-week fiscal month of September, Fred’s posted a comparable store sales decline of 4.9% versus the month last year. Total sales for September slipped 5.5% to $199.9 million from the previous month last year.