View Post

November Retail Sales Comps Beat Estimate

In Reports, What's New, Industry News by Jeff Prine

New York—November comparable store may actually have not only beat economists’ estimates, but also surprised some retailers. In its report released Thursday, Retail Metrics, a research firm, said comp store sales at reporting retailers (except drugstores) grew 5.2% in November, ahead of the 3% gain analysts expected. “November was OK—certainly …

View Post

Thanksgiving Week Retail Analysis: Merchants’ Strong Performance throughout Weekend Outperforms Industry

In What's New, Industry News by Accessories Staff

Petaluma, CA –An enormous increase in mobile shoppers, conversation rates that held steady and cumulative AOV actually increased over Black Weekend.In a report from MarketLive, a leading Total Commerce platform for high-growth merchants, retail performance statistics for its platform customers during the four-day shopping weekend starting at Thanksgiving. An analysis …

View Post

Week in Review: News Not to Miss

In What's New, Industry News by Accessories Staff

New York—While it may be Friday the 13th—a traditionally an unlucky day—most U.S. retailers are probably rejoicing and racking up sales. Several positive signs were revealed this week to justify that optimism. The monthly global port tracker found imports of containers were on the rise the last couple of months …

View Post

Following “Black Weekend” In-store Holiday Shopper Activity Falls

In What's New, Industry News by Accessories Staff

Chicago—Even if sales weren’t as mammoth as retailers hoped over “Black Weekend,” the annual holiday promotion did serve to bring in more traffic—and last week, following the Thanksgiving weekend event, sales and traffic decreased to “normal seasonal levels.” That’s the latest from ShopperTrak, a leading provider of retail shopper analytics. …

View Post

Holiday Pressure: November Comp Sales Disappointing

In Reports, What's New, Industry News by Jeff Prine

New York— Black Friday creep—expanding sales and promotions beyond the traditional one the Friday after Thanksgiving—may have had an unintentional effect. Consumers may be lured in by promotions but purchasing isn’t as strong as hoped for. According to several metrics, November comparable store sales were modest—actually decelerating from October increases. …