Berkeley CSUA MOTD:Entry 46578
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2024/11/23 [General] UID:1000 Activity:popular
11/23   

2007/5/10-14 [Recreation/Shopping] UID:46578 Activity:nil
5/10    http://online.wsj.com/public/resources/documents/retro-070510sales.html
        U.S. consumer spending coming down with a cold?  Notice some stores
        that did well, like Costco and Saks 5th Ave, are not listed.
2024/11/23 [General] UID:1000 Activity:popular
11/23   

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online.wsj.com/public/resources/documents/retro-070510sales.html
Amadeus: IT Solutions to the Travel and Tourism Industry APRIL RETAIL SALES Overcast April April same-store-sales figures came in below already dour expectations, resulting in some companies reducing their first-quarter expectations. Some companies blamed the calendar for the weak numbers, as Easter came a week earlier than in 2006. Sort the chart below by company name, category or change in same-store sales. Company name Category Same-store sales change Comments Abercrombie & Fitch Teen retailer -15% "Difficult selling conditions" with A&F, abercrombie and Hollister same-store sales all down double digits. American Eagle Outfitters Teen retailer -10% Thomson Financial's forecast was for a 13% gain. The retailer blamed the Easter shift "and generally disappointing traffic trends." Claire's Stores Teen accessories retailer -6% Cites Easter shift. Analysts, on average, had expected it to post a same-store sales drop of 2%, according to Thomson Financial. Federated expects same-store sales in May to be flat to down 2%. Department store -16% Gap North America operations same-store sales slid 14%. The company cited the shift in the Easter holiday for the deterioration in results and also said merchandise margins were significantly below a year ago due to clearance selling at the Gap brand. A Bank Clothiers Clothing store 73% Direct marketing drove the increase, surging 30% in April. Limited Clothing retailer -1% The parent of Victoria's Secret and Bath & Body Works saw broad weakness amid slow traffic trends. Nordstrom Department store 31% Strength in designer apparel, women's intimates and accessories offset weakness in kids apparel. Gains came primarily from the Northwest and Midwest regions. The company's grocery business continued to be stronger than general merchandise. Zumiez Action-apparel retailer 3% Men's sales were the primary contributor for the month.