MOSS ADAMS: Webinar 12/2 on internal controls to increase the value of your business.
AGENDA: 12/30 deadline to pre-register for Jan. 5-6 Long Beach show.
CIT TRADE FINANCE: Middle-market retailers cautiously optimistic for holiday.
Details on Industry Insight.
Publicly-traded retailers released sales results for December this morning and Wednesday afternoon.
Here are some highlights from industry customers and competitors. PacSun no longer reports monthly sales results.
December same store sales: up 9.2% vs. a 0.3% increase in December 2009.
Comps by week:
1. up 17.7%
2. up 3.8%
3. up 3%
4. up 1.1%
5. up 35.5%
The number of transactions increased while the dollar per transaction decreased.
Regions: South up 10%, Midwest up 5%, Northeast up 4%, West up 3%
Positive categories: accessories, footwear, men’s, hardgoods, junior’s
Negative category: boys
Quarter-to-date comps: up 12.5%
Year-to-date comps: up 11.7%
Number of total stores: 400
November and December
Total retail comps (including direct business): up 5%
Net store comps: flat
Total retail comps by chain (including direct): Urban up 6%, Anthropologie up 3%, Free People up 30%.
December comps: up 6.1%
December comps: up 3.9%
November/December combined: up 4.6%
December comps: up 8.4%
Total December comps: up 15%
Hollister comps: up 17%
December comps: down 5%
Total December comps: down 3%
Total December comps: down 1.7%
Hot Topic: down 2.1%
Torrid: up 0.3%
Total December comps: down 2.1%
Wet Seal comps: down 3.7%
Arden B. comps: up 8.5%