Retail Stores

Affluents Cautious on Luxury Spending
September 23, 2011

Most forecasters expect solid growth in online sales this holiday season, but there are also signs that consumer confidence is waning in the face of the continuing down economy.

3 E-Commerce Mistakes to Avoid This Holiday Season
September 23, 2011

Routines are easy to fall into. Whether itโ€™s getting ready for work and out the door each morning or tackling customer acquisition and conversion strategies, youโ€™ll never discover a better way to approach these tasks if you stay inside your comfort zone. Similarly, itโ€™s easy to recycle tried-and-true approaches to your retail strategies, especially for the upcoming holiday shopping season.

Bed Bath & Beyond Posts Solid 2Q Results
September 23, 2011

Bed Bath & Beyond's aggressive promotional strategy appears to be paying off as the company reported another quarter of strong sales. The company reported that net sales for the fiscal second quarter of 2011 were approximately $2.314 billion, an increase of approximately 8.3 percent from net sales of approximately $2.137 billion reported in the fiscal second quarter of 2010. Comparable store sales in the fiscal second quarter of 2011 increased by approximately 5.6 percent, compared with an increase of approximately 7.4 percent in last year's fiscal second quarter.

Trend Shows Discount Hunting Has Become a Competitive Sport
September 22, 2011

Whether you consider yourself a frugal fashionista or a savvy saver, it's quickly becoming clear that consumers no longer view bargain hunting as a necessary chore, but rather an enjoyable pastime. According to Mintel Inspire's newest trend, Let's Make a Deal, the gamification of the saving experience will only increase in the future.

Hibbett Sports to Open 9 Stores in October
September 22, 2011

Hibbett Sports plans to open nine new stores in October, the company announced. The Birmingham, Ala.-based company has expanded to more than 800 locations across the country, most occupying about 5,000 square feet, since it was created in 1945.

Sale of Sur La Table May be Recipe for Growth
September 22, 2011

The sluggish economy may be causing people to cut back in most areas of their life, but the kitchen isn't one of them. Seattle-based Sur La Table, a growing kitchenware chain that got its start nearly 40 years ago in Pike Place Market, has been bought by global investment bank Investcorp โ€” a sign that it sees more growth ahead.

Backpacks Get Lighter, E-Book Wallets Get Heavier
September 21, 2011

September is back-to-school time, but many students this year are going back to the future. Data from Compete suggest that e-books may finally be sounding the death bell for printed textbooks.

Experts Predict More Retail Sales, Fewer In-Store Shoppers This Holiday Season
September 21, 2011

Despite the struggling economy and high unemployment rates, consumers plan to stuff their holiday stockings a little fuller this year. According to ShopperTrak, national retail sales when compared to the same period last year, will rise 3.0 percent during November and December, while foot traffic will decrease 2.2 percent.

One Kings Lane Raises $40M
September 20, 2011

Flash-sale website One Kings Lane has raised $40 million from venture capital and private equity firms led by Tiger Global Management, the latest sign of growth for an online shopping genre that's upending traditional fashion and home retailers.