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99 Cents Only sales and profits increase in Q3; six stores on tap
February 7, 2013

City of Commerce, Calif. -- 99 Cents Only Stores reported Thursday that profit for the quarter ended Dec. 29 rose 6.5% to $51 million, compared with $47.9 million in the year-ago period. Total sales increased 8.8% to $35.6 million, from $403.9 million...

U.S. retail chains report mixed sales in January
February 7, 2013

n"(Reuters) - Several U.S. retailers reported mixed January sales results on Thursday, as consumers faced a hit to their take-home pay from higher payroll taxes, while cold weather may have helped spur purchases of winter clothes. Costco Wholesale Corp...

51 Companies That Are Changing the Way We Shop
February 7, 2013

With the advent of e-commerce, retail is changing more than nearly any other industry. In this evolving environment, a few trailblazers have set themselves apart and are revolutionizing the way we perceive and consume retail. Some retailers have altered their merchandising strategies to accommodate today's fast-paced shoppers. Others are making e-commerce more personalized than ever. 


Lumber Liquidators Bets Big on Mobile With Catalog Efforts
February 7, 2013

Flooring retailer Lumber Liquidators is placing QR codes and SMS calls to action on the pages of its catalog to let users shop and envision how products would look in their own home. The mobile calls to action are appearing in the winter/spring 2013 Lumber Liquidators catalog. Almost every page in the catalog includes a mobile component.

10 Myths of Multichannel Retailing Exposed
February 7, 2013

While digital technology continues to reshape the way companies and consumers interact, social media isn't replacing the in-store shopping experience, according to a new report by PwC titled, Demystifying the Online Shopper: 10 Myths of Multichannel Retailing. Based on a survey of more than 11,000 shoppers globally, the study debunks the conventional wisdom about online consumer behavior and helps companies better measure their approach to multichannel retailing.

Costco maintains comp momentum
February 7, 2013

January same store sales grew 4% at Costcoโ€™s U.S. locations excluding fuel sales. The company said its sales for the five week January period ended February 3 increased nearly 7% to $9.35 billion as there were increases in member traffic and average...

Under Armour to Debut New Store Format
February 7, 2013

Baltimore-based Under Armour Inc. will introduce its Under Armour Brand House concept in Baltimore on Feb. 16. The 8,000-sq.-ft. store will be located at Harbor East, and will feature menโ€™s, womenโ€™s and youth apparel, as well as footwear and accessories....

Macy's, Kohl's post positive comps
February 7, 2013

NEW YORK โ€” Department store retailers reported strong sales in January as shoppers responded positively to post-holiday clearance events. Overall, the 20 retailers reporting January comps saw an average rise of 5.1%, according to the International...

E-commerce now 10% of total retail sales
February 7, 2013

Online sales returned to pre-recession growth levels in 2012, advancing 15% to a record $186.2 billion, according to a year end recap by online measurement firm comScore. The record setting year marked the first time that e-commerce sales as a...

Cato Reports January Same-Store Sales Down 12%
February 7, 2013

CHARLOTTE, N.C., Feb. 7, 2013 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales of $63.8 million for the five weeks ended February 2, 2013, an increase of 26% over sales of $50.5 million for the four weeks ended January 28, 2012. The...