Brian Sozzi

July Retail Comp Sales Give Surprising Results

Do July comparable store sales indicate good things for the back to school season?

New York—Credit the stifling temperatures in many parts of the nation that sent consumers indoors seeking refuge in the cool of … [Read more...]

Coach Q4 Results Up, But U.S. Sales Disappoint


New York—Despite a 24% increase in its fourth quarter profit, Coach today saw its shares drop in price upon market worries about a … [Read more...]

Citing Sliding Sales, Shareholder Urges Board to Sell Wet Seal

Wet Seal

Foothill Ranch, CA—As has been the case recently with other beleaguered retailers, such as Talbots and Christopher & Banks, a … [Read more...]

Lululemon Q1 Profit Leaps 40%, But Gives Conservative Outlook

Deep Thoughts scarf by lululemon

Vancouver—Lululemon reported today that its first quarter profit leaped 40%, but the trendy yoga wear retailer forecast a tepid … [Read more...]

With Flat Q1 Profit, Tiffany Lowers Forecast as U.S. Jewelry Sales Soften

Elsa Peretti at Tiffany & Co.: is this iconic match up destined to end? It could, according to an SEC filing made Wednesday by Tiffany.

New York—Stung by softening sales in the Americas and its New York flagship, Tiffany & Co. reported today a … [Read more...]

New Strategy Pushes JCPenney into Q1 Loss of $163 Million

JCP May 2012

Plano, TX—JCPenney has provided a glimpse into just how difficult its “Fair and Square” transformative, everyday low price … [Read more...]

Target Lifts Outlook After Beating Q1 Profit, Sales Estimates

Rendering of Target's new smaller scale, urban-located CityTarget stores, several of which will open this summer.

Minneapolis—Target raised its full year forecast today after reporting better-than-expected first quarter profit and sales despite … [Read more...]

Tiffany Lowers Full Year Profit Forecast as Sales Weaken

Tiffany blue box

New York—Despite an overall 7% increase in its sales during holiday, Tiffany & Co. reduced today its full-year profit forecast … [Read more...]

Despite Uncertainty, September Retail Comps Rise

Retail Sales

New York—Despite the daily drumming about economic uncertainty, comparable store sales continued to increase for most U.S. … [Read more...]

Costco Raises Member Fees as Q4 Profit Misses

Costco storefront and logo

Issaquah,WA—Costco Wholesale Corp. said today it plans to increase membership fees about 10% to its 22 million members in … [Read more...]

“Bargainistas” Push Family Dollar into Q4 Profit Rise

Family Dollar has also stepped up its apparel and accessories offerings as more middle income shoppers visit its neighborhood stores

Matthews, NC—The rise of “bargainistas" returning to its stores helped Family Dollar Stores post today an 8% increase in its … [Read more...]

Commerce Dept: August Retail Sales Stagnate

Shopping Street

Washington—After seven months of increases, total U.S.retail sales remained flat in August, the U.S. Commerce Department reported … [Read more...]