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Tag: samestore

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailers

Walmart India makes half of sales out of store Walmart India is now getting almost half of its business through out-of-store sales channels including B2B e-commerce, associate-driven sales and call centers. Walmart was among the first retailers in India to adopt the omnichannel way of doing business. (Economic Times) Walmart, Kroger, Amazon top retailers Walmart, Kroger …

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailersRead More

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailers

Walmart India makes half of sales out of store Walmart India is now getting almost half of its business through out-of-store sales channels including B2B e-commerce, associate-driven sales and call centers. Walmart was among the first retailers in India to adopt the omnichannel way of doing business. (Economic Times) Walmart, Kroger, Amazon top retailers Walmart, Kroger …

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailersRead More

Macy’s holiday same-store sales fall less than expected; to close 29 stores

Get great content like this right in your inbox. Subscribe Macy’s Inc. reported a holiday performance that was better than analysts were expecting amid online sales and last-minute demand for gift items. The department store giant also confirmed to various media outlets that it plans to close 29 stores (28 namesake locations and one Bloomingdale’s) across the country in the …

Macy’s holiday same-store sales fall less than expected; to close 29 storesRead More

Kohl’s lowers outlook as holiday same-store sales fall

Get great content like this right in your inbox. Subscribe Kohl’s Corp. joined Macy’s and J.C. Penney in reporting a decline in holiday same-store sales. The retailer reported that its comparable sales for the holiday period (fiscal November and December) decreased 0.2% amid weakness in women’s apparel. Based on its holiday sales performance, Kohl’s said …

Kohl’s lowers outlook as holiday same-store sales fallRead More

Kohl’s lowers outlook as holiday same-store sales fall

Get great content like this right in your inbox. Subscribe Kohl’s Corp. joined Macy’s and J.C. Penney in reporting a decline in holiday same-store sales. The retailer reported that its comparable sales for the holiday period (fiscal November and December) decreased 0.2% amid weakness in women’s apparel. Based on its holiday sales performance, Kohl’s said …

Kohl’s lowers outlook as holiday same-store sales fallRead More

Dick’s Sporting Goods Q3 surges; best same-store sales in six years

Dick’s Sporting Goods raised its full-year profit outlook on the heels of a strong quarter with better-than-expected earnings and sales. Net income for the quarter rose to $57.6 million, or 66 cents per share, for the quarter ended Nov. 2, up from $37.8 million, or 39 cents a share, a year ago. Adjusted earnings were …

Dick’s Sporting Goods Q3 surges; best same-store sales in six yearsRead More

Ross Stores’ Q3 earnings, same-store sales beat estimates

Another off-price retailer has posted strong results for its third quarter. Ross Stores reported that its net earnings grew to $371 million, or $1.03 per share, in the quarter ended Nov. 2, up from $338 million and earnings per share of $0.91 in the year-ago period. Analysts had expected earnings of $0.98.  Third-quarter sales rose 8% …

Ross Stores’ Q3 earnings, same-store sales beat estimatesRead More