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Holiday Pressure: November Comp Sales Disappointing

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

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. …

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November Surprise: JCPenney Posts 10% Increase in Comp Sales

In Industry News, Reports, What's New by Just StyleLeave a Comment

Plano, TX—JCPenney has posted a 10% increase in comparable store sales in November, as the struggling department store retailer continues with efforts to turn around its business. During the month ending Nov. 30, which included the Thanksgiving/Black Friday weekend, e-commerce sales were also strong, the retailer said, running well ahead …

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Week in Review: 10 Must-Remember Online Articles

In Industry News, What's New by Accessories StaffLeave a Comment

New York—“The epicenter of stupidity”…that’s how outspoken L Brands chairman Leslie Wexner referred to Washington, specifically Capitol Hill, this week during the nerve-wracking hours leading up to a temporary debt ceiling solution. Like many retailers and business leaders, Wexner is concerned about how the political gridlock and its subsequent effects …