Retail sales comparisons for SeptemberOctober 8th, 2009 Retail sales comparisons for SeptemberHere are comparisons of how major stores in four key areas of retailing fared in September compared with a year earlier. The figures from participating companies show the change in sales at stores open at least year.
Lowe's sees return to sales growth in 2010; may write off up to $100M in second halfSeptember 22nd, 2009 Lowe's sees return to sales growth in 2010NEW YORK — Lowe's Cos. executives said Tuesday that they expect sales to begin rising again in fiscal 2010 as the housing market stabilizes, even as consumers have changed the way they approach home-improvement projects amid the recession.
Lowe's maintains 2009 profit, sales outlooks; may write off up to $100M in second halfSeptember 22nd, 2009 Lowe's reaffirms 2009 guidance, may see chargesCHARLOTTE, N.C. — Lowe's Cos.
Retail sales comparisons for August at a glanceSeptember 3rd, 2009 Retail sales comparisons for August at a glanceAs shoppers limited back-to-school purchases in August, upscale retailers suffered while some lower-priced chains showed signs of improvement and that the holiday season could be less dismal than feared. Here is how August sales at 30 chains compared with August 2008:
— Apparel stores
Abercrombie & Fitch Co.
Collective Brands plans to expand Payless shoe business with first stores in Russia next yearSeptember 1st, 2009 Payless ShoeSource to expand into RussiaTOPEKA, Kan. — Collective Brands Inc.
Kirkland's turns profit in 2nd quarter, as falling costs offset flat revenueAugust 26th, 2009 Kirkland's turns profit in 2Q on falling costsNASHVILLE, Tenn. — Home decor retailer Kirkland's Inc.
TJX 2nd-quarter profit rises as its discount-oriented stores continue to lure consumersAugust 18th, 2009 TJX 2Q profit climbs as consumers bargain shopMILWAUKEE — Discount retail operator TJX Cos. said Tuesday its fiscal second-quarter profit rose 31 percent as its stores like T.J.
Zale closes 118 retail locations in 4th-quarter; set to take $50 million chargeAugust 6th, 2009 Zale closes 118 retail locations in 4th-quarterDALLAS — Jewelry retailer Zale Corp. said Thursday that it closed 118 retail locations in the fiscal fourth quarter due to underperformance.
Spencer's achieves 16 percent revenue growthJuly 30th, 2009 KOLKATA - Spencer's Retail Ltd, the retail arm of the Rs.150-billion RPG Enterprises, has seen a revenue growth of 15 to 16 percent in the quarter ended June 30, a top official said Thursday. "Sales per square feet are actually going up.
Burberry Group says 1Q revenue down 4 percent; US, Spain are most difficult marketsJuly 15th, 2009 Burberry says 1Q revenue down 4 percentLONDON — British luxury goods company Burberry Group PLC said Wednesday that total revenue fell 4 percent in the three months to June 30, dragged down by a slump in wholesale revenues. Though total revenue of 229 million pounds ($375 million) was down on a constant currency basis during the firm's first fiscal quarter, Burberry said revenue was up 8 percent on a reported basis.
A look at the 2009 Infiniti G37 Coupe AWDJuly 8th, 2009 A look at the 2009 Infiniti G37 Coupe AWD2009 Infiniti G37 Coupe AWD
BASE PRICE: $35,900 for base coupe; $36,650 for Journey coupe; $37,000 for Sport coupe; $38,700 for all-wheel drive coupe. AS TESTED: $47,295.
Wal-Mart set to open its first Indian wholesale outletMay 21st, 2009 NEW DELHI - Wal-Mart, the world's largest retailer, is set to open its first wholesale or cash-and-carry store in India next week and has chosen Amritsar as the location to kick-start the venture, company officials said. The US-based giant has also decided to call its cash-and-carry venture BestPrice Modern Wholesale to offer retailers bargains that would eventually benefit end consumers, the officials added.
Duckwall-Aclo same-store sales rise 6.1 percent in AprilMay 8th, 2009 Duckwall-Alco April same-store sales riseABILENE, Kan. — Discount-store operator Duckwall-ALCO Stores Inc.
Apple fires 1,600 from retail storesApril 25th, 2009 SAN FRANCISCO - Apple has fired some 1,600 employees from its chain of retail stores due to slackening consumer demand, the Wall Street Journal reported Friday. The job cuts were referenced in a securities filing by Apple Thursday in which the company said it had 14,000 full-time equivalent employees in its retail division as of March 28, down from the 15,600 as of the end of December.
Bata ignores slowdown, to add 40 stores by March-endFebruary 17th, 2009 NEW DELHI - Even as the retail trade industry in India faces one of its worst crises in recent years, Bata India, one of the country's largest footwear chains, plans to open 40 new stores across the country by March 31. 'These new stores will be based on the international format of Bata stores and will have an average size of 3,000 square feet,' the company said in a statement, making it clear that the outlets will not be small.
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