MOSS ADAMS CAPITAL: Apparel and foowear market monitor highlights notable deals, stock prices and results.
Details on Industry Insight.
Many retailers reported this morning that November same store sales turned out better than expected, with particularly strong sales on Black Friday and Thanksgiving weekend.
Here’s a roundup of how industry customers and competitors at the mall performed.
Zumiez reported yesterday that its same store sales rose 20.7% in November, and PacSun previously reported its same store sales fell 2% on Black Friday. PacSun did not give information about the entire month.
To see our slide show of the promotions at the mall on Black Friday, click here.
Total same store sales: +22%
Total same store sales: -2.1%
Hot Topic: -14.5%
Banana Republic: flat
Old Navy: +5%
Wet Seal: +8.3%
Arden B: -0.3%