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State of US Same-Store Sales - July 2010 and Quarterly Data Update and Full-Year Outlook
Retailer Daily has compiled comparable store sale data from the SEC filings of 26 major US retailers spanning several years, up to the most recently released July 2010 and quarterly numbers. The data excludes fuel sales and is available in Microsoft Excel format from the link below:
Indications from July 2010 and the most recent quarterly same-store sales results across several verticals...
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Store Openings and Closings Update - August 2010
A comparison of store openings and closings by leading retailers in several major verticals shows that the recession has had a varying impact on retail store growth strategies.
Discounters Slow Down Domestic Store ExpansionIn a plan issued April 2010, discount retailer Wal-Mart said it intends to grow in major metropolitan markets domestically, with new formats while making existing formats...
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‘The Daily Wrap:’ CVS, Bloomingdales, B&N
CVS Sets Fiscal Records
Drugstore retailer CVS/Caremark reported record fiscal results for Q4 and fiscal year 2009. Revenues, operating profit, and income all reached record levels in the quarter and fiscal year ended December 31, 2009. Source: CVS Caremark Corporation
Bloomingdale’s Opens Dubai Store
Department store retailer Macy’s has opened the first international location of its...
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‘The Daily Wrap’: Best Buy, Costco, Ann Taylor
“The Daily Wrap” offers a roundup of the day’s biggest retail industry headlines. Following are some news items you may be interested in checking out.
Best Buy Plans Magnolia Design Center Concept
Consumer electronics retailer Best Buy is launching a new Magnolia design center store-within-a-store concept on February 26, 2010 in a Costa Mesa, CA store. The new design center is geared...
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‘The Daily Wrap’: Costco, Blockbuster Express, Popeyes
“The Daily Wrap” offers a roundup of the day’s biggest retail industry headlines. Following are some news items you may be interested in checking out.
Costco Settles Coke Dispute
Discount warehouse club retailer Costco has settled a pricing dispute which caused it to pull all Coca-Cola products from its shelves last month. Costco is expected to start selling Coca-Cola products again by...
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Retailers Send Mixed Signals on U.S./Canadian Store Closings
Although U.S. and Canadian retailer store closings did not reach the levels many experts predicted in 2009, as many as 6,000-8,000 stores could close in the first half of 2010. According to RIS News, the cost-cutting that allowed retailers to keep stores open in 2009 will not be enough to sustain current store levels next year.
Retailers will need a positive holiday shopping season this year...
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‘The Daily Wrap’: Tesco, Supervalu, Costco
“The Daily Wrap” offers a roundup of the day’s biggest retail industry headlines. Following are some news items you may be interested in checking out.
Tesco Has Strong Third Quarter
British multiformat retailer Tesco plc reported strong Q3 2009 results, including an 8.8% increase in group sales excluding fuel. Other improvements included a 12% rise in international sales at actual...
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‘The Daily Wrap’: Costco, Target, Amazon
“The Daily Wrap” offers a roundup of the day’s biggest retail industry headlines. Following are some news items you may be interested in checking out.
Costco Challenges Coke
Discount warehouse club retailer Costco is no longer restocking products from Coca-Cola in a pricing dispute. Costco is seeking lower prices from Coca-Cola, more in line with what the beverage company offers...
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‘The Daily Wrap’: Marsh, Disney, Starbucks
“The Daily Wrap” offers a roundup of the day’s biggest retail industry headlines. Following are some news items you may be interested in checking out.
Marsh Tests Mobile Marketing
Regional supermarket retailer Marsh Supermarkets will pilot a co-branded mobile marketing program with information service ChaCha.com. The pilot will send mobile Marsh coupons to users who text questions to...
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Costco Plans New Stores in Next 5 Years
Buoyed by a recent upturn in same-store sales, discount warehouse club retailer Costco Wholesale Corporation is planning significant new store openings during the next five fiscal years. According to Goozad, Costco expects to open 15-20 stores during its current fiscal year 2010, which ends in August 2010.
In addition, Costco plans to open as many as 20 stores per year during its fiscal years...
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