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Macy's

Retailers’ Balance Sheets Tell All

Published on December 23, 2008 at 16:15:49 EST

As holiday season sales results come rolling in, analysts stipulate that the downturn in sales may push even more retailers into bankruptcy court. But sales trends are not the only measure of a retailer’s health, Barron’s writes.

To distinguish the companies with promise from those that are truly in danger of going under, it examined other factors on the corporate balance sheet, like ratios of...
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Wal-Mart Only Retail Winner in Bleak Christmas Shopping Season

Published on December 23, 2008 at 15:36:41 EST

Wal-Mart is the only real retail winner during the 2008 holiday shopping season, which is presaging more retail bankruptcies in the year ahead, according to C. Britt Beemer, CEO of America’s Research Group (ARG), who issued his 2008 “Winners and Losers” list of retailers.

The “Winners and Losers” (complete list below) are determined by how well they did in retaining Christmas customers from...
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Macy’s Stores to Stay Open 24 Hours

Published on December 18, 2008 at 13:13:48 EST

Thirteen Macy’s stores will be open 24 hours a day through Christmas Eve, including stores in Connecticut, Michigan, New Jersey, New York, Virginia, and Illinois, reports the Chicago Tribune.

The retailer first tested the open-all-night store concept in 2006 in Queens, NY, and last year undertook several such efforts, expanding it further this year.

Just 15% of shoppers had completed their...
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Target, Wal-Mart, Best Buy Have ‘Best’ Holiday Ads; Emotional Ads Resonate

Published on December 17, 2008 at 15:26:16 EST

Asked which retailer has the best holiday TV commercial, consumers ranked Target, Wal-Mart, Best Buy, Macy’s, and Kohl’s as favorites, according to a survey conducted for the NRF’s Retail Advertising and Marketing Association by BIGresearch.

Other retailers on the top 10 list include Sears, Kmart, JCPenney, Old Navy, and Toys “R” Us.

Well-known celebrities, “True Story” campaigns, children’s...
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State of U.S. Same Store Sales - November 2008 Data Update

Published on December 09, 2008 at 16:26:04 EST

RetailerDaily has compiled comparable store sale data from the SEC filings of ten major U.S. retailers spanning 2007 and 2008 up to the most recently released November numbers. The data excludes fuel sales (which would have distorted numbers because of high gas inflation in 2008) and is available in Excel format from the link below:

Among the highlights this year, Wal-Mart shows more...
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Black Friday vs. Cyber Monday: Shoppers Searching for Best Holiday Deals

Published on November 25, 2008 at 13:01:10 EST

Cyber Monday seems to be gaining steam, with 26% of respondents intending to shop on the Monday after Thanksgiving, up from 20% saying so in 2007, according to a Maritz Poll.

However, 41% of respondents say they will shop on Black Friday, the day after Thanksgiving, slightly more than the 37% who said so in 2007, Maritz found.

Gen Y* (53%) and Gen X (46%) are more likely to shop Black Friday...
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October Retail Sales Roundup

Published on November 06, 2008 at 14:19:21 EST

As October sales figures poured in from retailers, same-store sales for the category fell 0.9% - the first real drop in seven months. Excluding the effect of the shifting Easter holiday, however, it is the first decline since at least 2000, according to Retail Metrics (via The New York Times).

Excluding Wal-Mart, the drop would have been 4.2%, according to the International Council of Shopping...
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Macy’s Yanks Magazine Ads for First Half ‘09

Published on November 06, 2008 at 14:15:50 EST

Macy’s has canceled its magazine advertising spending for the first half of 2009 according to several publishers - though the retailer has declined to confirm the report, AdAge writes (via MediaBuyerPlanner).

http://www.retailerdaily.com/entry/macys-reports-58-sales-decline-lowers-profit-forecastMacy’s same-store sales declined 3.2% in the first 8 months of the year, and it projects that...
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Online Retailers Countenance Facebook

Published on November 05, 2008 at 12:18:41 EST

Online retailers tend to prefer Facebook over other social-media sites, according to an eMarketer report that cites a study from Internet Retailer and Vovici, which found that 32% of responding businesses have a Facebook page (via AllFacebook.com).

Social-media sites on which US Online retailers have a page, as of Sept. ‘08, according to the IR/Vovici study:

Facebook, 32% MySpace, 27% YouTube,...
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Facing Tough Holiday Season, Bloomingdale’s Promotes Luxury, ‘Fun’

Published on November 03, 2008 at 12:57:16 EST

Many holiday season retail campaigns are stressing value and affordability to lure cash-constrained shoppers, but others - like Macy’s New York-based Bloomingdale’s - are promoting luxury brands and invoking feelings from past “good times,” writes the New York Times.

Infiniti, Nissan’s luxury car model, will sponsor Bloomingdale’s holiday windows at the flagship 59th Street store in Manhattan....
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