Sponsors
Billabong ▼ 0.000 | PPR ▼ -0.40 | American Apparel ▲ +0.038 | The Buckle ▼ -0.47 | Columbia ▲ +0.24 | Deckers Outdoor ▲ +0.38 | Dicks ▼ -0.80 | Foot Locker ▼ -0.71 | Genesco ▼ -0.67 | Iconix Brand Group ▼ -0.39 | Jarden Corp ▼ -0.97 | Nordstrom ▼ -0.59 | Luxottica ▲ +0.55 | Nike ▼ -0.78 | Pacific Sunwear ▼ -0.02 | Skullcandy ▼ -0.03 | Sport Chalet - 0 | Urban Outfitters ▼ -0.18 | VF Corp ▼ 0.00 | Quiksilver ▲ +0.13 | Zumiez ▼ -0.36 | Macys ▼ -0.76 | Tillys ▼ -0.17 |
Ticker Sponsor
Readers Say
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
Industry Insight

SDSI recaps FundSource OR success. Four reasons for B2B companies to embrace ecomm from NuORDER.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

December ends on a positive note despite weather issues

By Press Releases
January 04, 2011 6:26 AM

 

- Weekly sales rise by 0.4% vs. last week

 

- Sales rise 3.6% year-over-year

 

NEW YORK, January 4, 2011 – Despite a major Nor’easter, which affected the East Coast, retailers closed the fiscal month of December on a positive note and enjoyed four weeks of positive weekly sales results over the five-week fiscal month. For the week ending January 1, retail sales rose by 0.4 percent from the prior week, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Index. In addition, retail sales, on a year-over-year basis, softened a bit but remained positive overall at 3.6 percent.

 

“Although the beginning of the fiscal week’s sales were battered by a major Nor’easter along the East Coast, the warming trend by week’s end helped lift store traffic as well as helped to recover some lost post-Christmas sales earlier in the week,” said Michael Niemira, ICSC vice president of research and chief economist. “In the end December will prove to be a relatively healthy sales month for retailers,” Niemira added.

 

For December ICSC Research expects industry sales will increase by approximately 3.5 percent (with a bias on the stronger side) when retailers report their monthly sales results on Thursday, January 6. In addition, ICSC will be releasing its combined November-December holiday-season sales results on Thursday, January 6.


Articles You Might Have Missed