Tag Archives: retail sales

Forbes says Luxury Spending is Up

Forbes reports that luxury spending is seeing an increase as millionaires are less fearful of their economic futures.  Luxury retailers like Neiman Marcus and Nordstrom have earned 3-digit percentage gains in stock value and increased same-store sales after several months of decline. 
Analysts believe that this is an indication that high-end retail is on the recovery.  Ironically, [...]

Posted in Retail/Market Trends | Also tagged , , , | Leave a comment

Walgreens: Earnings Loss Despite Record Sales

Walgreens recently released their Q3 earnings report and, according to Retailer Daily, the drug store chain posted record sales of $16.2 billion in the quarter.  However, they still experienced a 9% decline in sales.
Walgreens, like most strategic-minded retailers, spent the beginning of this year making customer-centric adjustments to account for the change in shopping behaviors [...]

Posted in Activation at Retail, Drug Stores, Retail/Market Trends | Also tagged , , , , | 1 Comment

Retail Experts Weigh In on May

BusinessWeek tracked down some of Wall Street’s best retail analysts to get their opinions on the May chain store sales index released by the International Council of Shopping Centers. Walmart recently stopped releasing monthly sales data, so May was the first month that the report did not include the retail giant. The remaining retailers had [...]

Posted in Retail Research | Also tagged , , , , , , , , , | Leave a comment
MillerZell