August Comp Sales Better than Expected
New York–Nearly all U.S. retailers posted better-than-expected sales gains in August at comparable store sales as parents and students ratcheted up their back-to-school purchases, setting the stage...
View ArticleSeptember Retail Comp Sales: Solid, not Stellar
New York–With their back-to-school sales in their final month, and gearing up for fall and holiday merchandise, retailers reported today that their September comparable sales were solid, but not...
View ArticleOctober Retail Comps Up; Sandy Effects Yet to be Felt
New York—While October retail comparable store sales increased nearly 5%, some retailers cautioned today that their November—and even holiday totals—could be adversely affected by the Superstorm...
View ArticleSandy Dampens November Comp Store Sales Reports
New York—Thankfully, many U.S. retailers reported today that their holiday shopping seasons, particularly since Thanksgiving, are off to a strong start. But in most cases, the Black Friday sales were...
View ArticleGood Tidings: December Comp Sales Better Than Expected
New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations for December comparable store sales. Of the 17 or so major retailers...
View ArticleJanuary Comp Sales Rise, Easily Beating Forecasts
New York—Whether it was the U.S. Congress finally averting the so-called fiscal cliff in early January, a spate of Arctic cold that struck much of the nation, or a stock market headed back to new...
View ArticleReport: February Comp Sales Caught a Chill
New York—Despite a slight upsurge expected in Valentine’s Day spending, total February comparable store sales slowed due to bad winter weather, higher taxes, more expensive gas and concern over...
View ArticleBuckle Inc. Q4 Sales, Profit Rise Ahead of Estimates
Kearney, NE—Despite suffering from stagnant comparable store sales, The Buckle Inc. today reported a 9% increase in income as it beat analysts’ estimates for its fourth quarter earnings. For the...
View ArticleWintery Weather Results in Meager March Comp Sales Results
New York—U.S. retailers reported their lowest comparable store gains in months today as widespread cold weather hindered March sales of spring merchandise that even an earlier Easter didn’t help....
View ArticleApril Comp Retail Sales: “Generally Weak”
New York—Ingredients such as inclement and colder-than-normal weather, worries over sequestration and its effects and the continued slow pace of the U.S. economic recovery combined for a recipe that...
View ArticleBuckle Inc. Q1 Profit Edges Down on Higher Costs
Kearney, NE—Buckle, Inc. said Thursday its first quarter profit fell slightly as its operating expenses increased. For the quarter ended May 4, the teen specialty retailer reported earnings edged down...
View ArticleMay Retail Comp Sales Better Than Expected
New York—While many retailers have been reporting recently that their first quarter sales were stifled by unseasonable cold, their predictions that May sales would be stronger appear to have...
View ArticleJune Retail Comps: Best Since January
New York—While fewer than a dozen major retailers, accounting for some 6% of the $2.4 trillion in U. S. retail sales, still report monthly sales figures, their comp sales reports released Thursday...
View ArticleJuly Retail Comps Miss—Concern for Back to School Sales?
New York—American consumers continued to look for bargains and held off spending on fall and back-to-school purchases in July. Of the 11 retailers that still release monthly sales figures, comparable...
View ArticleBuckle Inc. Q2 Profit, Sales Up
Kearny, NE—The Buckle Inc. reported last week that its second quarter profit was in line with estimates as sales were up almost 8%. For the quarter ended August 3, the teen retailer posted net income...
View ArticleEconomists Call August Comp Store Sales Lackluster
New York—While all the remaining retailers who report monthly sales figures have yet to report them, the tally from economists so far paint August as a lackluster month at retail. Usually the kick-off...
View ArticleSeptember Comp Sales “Sluggish” as Consumer Confidence Wanes
New York—A drop in consumer confidence, warmer temperatures, and lack of a fashion must have resulted in September comparable store sales that were sluggish. Of the nine retailers that still report...
View ArticlePromotions Helped Lift October Comp Sales Above Estimates
New York—Political gridlock, a government shutdown and fears that the United States would default helped to deflate consumer confidence in October, but apparently shoppers turned out anyway. According...
View ArticleHoliday Pressure: November Comp Sales Disappointing
New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had an unintentional effect. Consumers may be lured in by promotions but...
View ArticleDecember Comp Sales Were Up—But at a Price?
New York—Discounts may have helped comparable store sales rise 2.7% in December, but that stronger-than-expected increase often came with a price(s). Namely, lower margins, customers shifting to...
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