Ken Perkins


Costco Q1 Earnings Lower Than Expected

Costco's 12 Days of Christmas Deals promotion

Issaquah, WA—Costco today reported that a fiscal first quarter profit weaker than expected despite a 5% sales increase. The … [Read more...]

Holiday Pressure: November Comp Sales Disappointing

Holiday Sales 2013

New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had … [Read more...]

Promotions Helped Lift October Comp Sales Above Estimates

Shopping

New York—Political gridlock, a government shutdown and fears that the United States would default helped to deflate consumer … [Read more...]

September Comp Sales “Sluggish” as Consumer Confidence Wanes

Shopping Cart Button

New York—A drop in consumer confidence, warmer temperatures, and lack of a fashion must have resulted in September comparable … [Read more...]

July Retail Comps Miss—Concern for Back to School Sales?

Summer Clearance Sales

New York—American consumers continued to look for bargains and held off spending on fall and back-to-school purchases in … [Read more...]

May Retail Comp Sales Better Than Expected

Warmer weather brought consumers out to shop in stores like Buckle in May.

New York—While many retailers have been reporting recently that their first quarter sales were stifled by unseasonable cold, their … [Read more...]

April Comp Retail Sales: “Generally Weak”

April Retail Sales

New York—Ingredients such as inclement and colder-than-normal weather, worries over sequestration and its effects and the … [Read more...]

Wintery Weather Results in Meager March Comp Sales Results

Widespread winter storms hampered shopping in many part of the country in March.

New York—U.S. retailers reported their lowest comparable store gains in months today as widespread cold weather hindered March … [Read more...]

January Comp Sales Rise, Easily Beating Forecasts

JANretail

New York—Whether it was the U.S. Congress finally averting the so-called fiscal cliff in early January, a spate of Arctic cold … [Read more...]

Good Tidings: December Comp Sales Better Than Expected

Even post-Christmas shopping helped some retailers beat sales forecasts. Others weren't so lucky.

New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations … [Read more...]

September Retail Comp Sales: Solid, not Stellar

Shopping

New York--With their back-to-school sales in their final month, and gearing up for fall and holiday merchandise, retailers … [Read more...]

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...]