Sponsors
Billabong ▼ -0.010 | PPR ▼ -2.60 | American Apparel ▲ +0.02 | The Buckle ▼ -1.25 | Columbia ▼ -0.51 | Deckers Outdoor ▲ +0.02 | Dicks ▲ +0.03 | Foot Locker ▼ -0.56 | Genesco ▼ -1.04 | Iconix Brand Group ▼ -0.25 | Jarden Corp ▼ -0.80 | Nordstrom ▼ -0.43 | Luxottica ▼ -0.86 | Nike ▼ -0.68 | Pacific Sunwear ▼ -0.03 | Skullcandy ▼ -0.04 | Sport Chalet ▼ 0.00 | Urban Outfitters ▼ -0.30 | VF Corp ▼ -0.24 | Quiksilver ▼ -0.09 | Zumiez ▼ -0.76 | Macys ▼ -0.21 | Tillys ▼ -0.10 |
Ticker Sponsor
Readers Say
The most up-to-date information
The most up-to-date information

“Shop-Eat-Surf is a great source for the most up to date information of what is going on in our industry. I always enjoy reading the articles and appreciate the effort from Tiffany and her team."

- By Richard Woolcott, CEO and Founder, Volcom
The first thing I look at
The first thing I look at

I find Shop-Eat-Surf to be a very useful and informative site that I enjoy browsing daily. Shop-Eat-Surf is the first thing I look at every morning to keep up-to-date on the latest talk, events, and happenings in the industry. I must say I am a fan of Shop-Eat-Surf.

- By Bobby Abdel, Partner, Jack's Surfboards
Industry Insight

CIT: Acquires SoCal-based One West Bank
SDSI: Sports and active lifestyle employment outlook.
MLA: Legal risk management of staging modern sports experiences in non-traditional settings.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Chain retail sales mixed in November

Chain retail sales mixed in
By Tiffany Montgomery
December 01, 2011 6:30 AM

Some chain retailers reported November sales this morning, and the results were mixed.

 

The midnight opening and heavy promotions boosted sales for Macy’s, where same store sales rose 4.8%, better than expected. The company said younger shoppers especially responded to the early Black Friday opening.

 

Macy’s said if the strong sales trend continues, it will raise its fourth quarter guidance above the 4% to 4.5% increase it currently expects.

 

The Buckle reported a 6.9% increase in same store sales, which was better than expected. The Buckle did not promote heavily on Black Friday.

 

Nordstrom same store sales rose 5.6%, also better than analysts expected. Nordstrom did not promote heavily on Black Friday.

 

Wet Seal’s total same store sales declined 3.1%, dragged down by a 11.2% decline at Arden B. However, same store sales at its Wet Seal chain declined 1.8%, less than expected. Wet Seal, known as a teen fashion retailer, is trying to battle fast fashion chains like Forever 21. Wet Seal said it was pleased with its performance given that the Wet Seal chain was less promotional this year.

 

The Gap said same store sales declined 5% companywide, more than expected.

 

Zumiez will report November sales this afternoon.

 

 

 


Articles You Might Have Missed