Last Build Date: Fri, 28 Feb 2014 21:35:30 +0000Copyright: copyright © 2016 Dow Jones & Company, Inc.
Fri, 11 Dec 2009 21:15:19 +0000To promote its holiday “Believe” campaign and boost store traffic this season, department store chain Macy’s Inc. put out an A.P.B. for anybody named Virginia, inviting them to their 800 stores throughout the country today to receive the $10 card.
Wed, 14 Jan 2009 13:48:33 +0000Amid dismal retail sales numbers out from the Commerce Department Wednesday, more retailers are starting to fall. Gottschalks Inc., a 58-store West Coast department-store chain based in Fresno, Calif., announced Wednesday that it has filed a voluntary petition for reorganization relief under Chapter 11. Gottschalks was one of the chains mentioned as possibly slipping into […]
Fri, 09 Jan 2009 13:24:11 +0000Best Buy reported its December sales Friday, closing out a busy week for retailers’ holiday reports. Here’s how Best Buy compares with other retailers. Sort the chart below by company name, category, change in total or same-store sales, and total sales. Also, see November’s chart. Company name Category Same-store sales change Overall sales change Overall […]
Thu, 08 Jan 2009 13:26:04 +0000As the Journal previewed Wednesday night, Macy’s this morning announced the closing of 11 stores, a move that came after a rough holiday season. Macy’s also said Thursday that same-store sales for December fell 4%, amid what it called “the most challenging economic environment in memory.” Here’s the list of the store locations Macy’s is […]
Wed, 07 Jan 2009 22:41:02 +0000Many large retailers reported their December sales numbers this week, with most of them coming out the morning of Thursday, Jan. 8. A handful of companies including Best Buy and Tiffany, reported more recently and were added to the chart after its initial publication. (Last updated Jan. 14, 2009) Sort the chart below by company […]
Tue, 06 Jan 2009 20:00:32 +0000Goody’s Family Clothing is liquidating operations, becoming the first high-profile retailer to go under in a new year that is expected to see many more going-out-of-business announcements. The moderately-priced chain was unable to restructure terms with its creditors and is in the process of seeking bids to liquidate substantially all of its inventory and other […]
Tue, 06 Jan 2009 14:16:20 +0000U.S. chain store sales benefited last week from shoppers taking advantage of end-of-season sales, the International Council of Shopping Centers said Tuesday. The ICSC/Goldman Sachs Retail Chain Store Sales Index rose 1.4% in the week ended Jan. 3 from the prior week. Despite the weekly increase though, sales on the year on a seasonally adjusted, […]
Tue, 30 Dec 2008 23:56:50 +0000Online holiday spending fell 3% from a year earlier, below its earlier prediction of flat sales, according to comScore Inc. That was the first decline since the research firm began tracking e-commerce in 2001. Retailers in general are looking at their poorest December on record, according to the roughly 1% decline in sales Thomson Reuters […]
Tue, 30 Dec 2008 13:40:52 +0000U.S. chain store sales were hit last week by sluggish demand from consumers combined with severe weather conditions in several parts of the country, the International Council of Shopping Centers said Tuesday. The ICSC/Goldman Sachs Retail Chain Store Sales Index fell 1.5% in the week ended Dec. 27 from the prior week and was down […]
Mon, 29 Dec 2008 16:09:05 +0000The worst may be yet to come for retailers following one of the bleakest holiday selling periods in memory. The environment is shifting back to consumers buying for themselves, and they are not very driven given climbing unemployment levels and a general lack of confidence that economic conditions can soon improve.