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Thursday morning, specialty retailer Gap Inc. (GPS) announced a 5% drop in its comparable store sales for November compared to a 5% increase it witnessed last year. The company's North America,Old Navy North America and International comparable store sales witnessed a 2%, 7% and 9% fall compared to 6% growth, 7% growth and flat respectively in the year-ago month. The net sales for the month too slipped 3% to $1.47 billion from $1.51 billion in the previous year month. Gap's chairman and CEO Glenn Murphy commented, "this is just the start of the holiday selling season and we expect

Retail Same Store Sales Up 13%; Wholesale Same Store Sales Flat; International Same Store Sales Up 15% FORT WORTH, Texas, Dec. 1, 2011 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. reported today that sales for the month of November were $6.4 million, up 7% compared to November 2010 sales of $5.9 million. Year to date sales are up 10% to $59.1 million in the current year from $53.7 million last year. Retail Leathercraft's sales rose 14% to $3.7 million compared to November 2010 sales of $3.2 million. For the month, the 76 comparable stores'

MINNEAPOLIS — Target reported November same-store sales increased 1.8%, which was toward the low end of the company’s guidance that called for an increase in the low to mid single-digit range. “November sales were near the low end of our expectations for the month as we compared against very strong performance last year,” said Target chairman, president and CEO Gregg Steinhafel. “As we kicked off the holiday season following Thanksgiving, sales were strongest on Black Friday as guests responded to our midnight opening and compelling prices. Our view of December remains the same -- we expect a competitive and

Tags: Multichannel Retailing John Lewis, a popular UK department store, is merging online and offline sales with a virtual store allowing shoppers to buy products with smartphones via QR codes. According to Power Retail, the Brighton Waitrose store features a window display where shoppers can scan QR codes to purchase items from the retailer's 'Top 30 Favorite Things for Christmas' including Lego and the Amazon Kindle. After scanning a QR code, the shopper is linked to the John Lewis mobile site to make the purchase. Products ordered before 7 p.m. are available for in-store pick the following day. "The

Chefs Catalog has rolled out a mobile-optimized site that lets food lovers access and buy its products via their handsets. The company partnered with Digby on the mobile initiative. Consumers can shop for items from the Chefs Catalog including cookware, cutlery, kitchen electronics and specialty foods. Chefs Catalog’s key strategy is to provide their customers with access to Chefs Catalog products anytime, anywhere from the convenience of their smartphones in perfect timing for the holiday shopping season,” said Dan Jones, chief marketing officer of Chefs Catalog. “The Chefs Catalog mobile-optimized site provides loyal customers an easy-to-use platform to purchase,

Kenshoo, a provider of digital marketing software, unveiled more preliminary findings of its annual Online Retail Holiday Shopping Report. These findings focus on Cyber Monday and the week leading up to one of the season's busiest days for online shopping.

Apparel brands including Timberland and North Face are adopting a fabric for green clothing made from a composite fiber used to make yarn that is made from coffee grounds and plastic bottles.

Sears announced that it's offering free delivery of fresh cut Christmas trees to customers when they order them via Sears.com. Through Dec. 15, customers can go to Sears.com to order their own Fraser fir from the North Carolina Blue Ridge Mountains and have it delivered for free directly to their home, apartment or office.

Buddy Media analyzed user engagement of Facebook wall posts from more than 400 of the world's largest brands to figure out what posting strategies received the most engagement in the days leading up to Black Friday and Cyber Monday.