Retail Stores
In a follow-up to a recent blog post from the American Catalog Mailers Association (ACMA) titled Now's the Time for All Catalogers to Have Fine-Tuned Matchback Programs, comes results from the ACMA's Catalog Matchbacks Survey.
As it approached 50, New York City drugstore chain Duane Reade was undergoing something of a midlife crisis. With crowded, cluttered stores, it was perceived as a handy but unpleasant shopping experience.
Dillard's, Sears and Family Dollar were ranked as "least admired" in 2010. Companies were ranked based on nine different aspects of their business, including innovation, management and competitveness.
The Easter Bunny may look fluffy and cute, but retailers know there's a lot of consumer-toned muscle beneath that fuzzy exterior. Easter may not have the profile of other more secularly oriented holidays, but the bunny is a retail beast. Easter brought in more than $14 billion last year, accounting for 6.1 percent of all holiday spending.
Talbots has seen little success in its bid to shed a stodgy image and attract a younger clientele. Now it's back to focusing on its core customers and the move seems to be paying off.
The Wall Street Journal's Dan Gallagher reports that retailer GameStop saw its revenue jump 10 percent thanks to the chain's catering to hard-core gamers
Wet Seal reported that net income for the fourth quarter ended Jan. 29 dropped to $5.3 million, compared with $74.2 million in the year-ago period. Last year’s fourth quarter included a noncash tax benefit of $64.7 million.
The nation’s capital tops a list of the healthiest retail markets for 2011. The ranking is based on the general overall health of a marketplace and includes such factors as overall economic indicators, income growth, ongoing construction, rental rate trends, and the amount of retail demand in the market.
Rue La La announced that it'll host a unique boutique featuring special-edition Japan Relief T-shirts created by Tory Burch. "The earthquake and tsunami in Japan triggered a need to help in all of us," said Ben Fischman, chief executive officer, Rue La La.
Dollar General reported record sales, operating profit and net income for both the fourth quarter and the full 2010 fiscal year. Full-year net income rose 85.3 percent to $627.9 million, or $1.82 per diluted share, as sales increased 10.5 percent to $13.04 billion.