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Sears

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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Kmart Harnesses Power of Influential Bloggers

Published on December 18, 2008 at 14:30:55 EST

Kmart kick-started a social-networking campaign by giving six well-known bloggers $500 gift certificates to go on a shopping spree in a Kmart store—and then share their experience with their readers.

The bloggers could write anything at all, positive or negative, and all of them clearly disclosed the arrangement in their posts, writes MediaPost.

The purpose was to get people talking about Kmart...
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Consumers Spend Less for Xmas, Shop at Fewer Retailers; Wal-Mart an Exception

Published on December 11, 2008 at 13:04:25 EST

The number of consumers saying they will spend less for Christmas gifts is at an all time high this year, at 40.1%, nearly double last year’s (23.0%)—and approaching triple the proportion of those saying so in the previous three years, according to the America’s Research Group/UBS Christmas 2008 Survey.

Of those spending less, job fears motivate 63.6% this year, vs. 0% last year. The big...
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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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Wal-Mart Stores Open All Day in Canada; 66% to Holiday-Shop There

Published on December 09, 2008 at 12:30:07 EST

Wal-Mart Canada is keeping 192 of its stores open 24 hours a day, through Christmas Eve, reports UPI. It already had 30 stores open all day long—25 of them since January.

The company cited a survey according to which four in ten Canadians said their choice of shopping destination in part depends on extended store hours. (More results from that survey, below.)

”[T]he popularity of 24-hour...
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Retail Sales Marred by Web-Performance Issues, Browser Wars

Published on December 04, 2008 at 13:04:55 EST

With the market and retailers nervous about sales and shoppers scouring the web for bargains, it’s no time for website outages or slowdowns—but many of the largest brands disappointed potential shoppers on Cyber Monday.

The websites of Dell, Victoria’s Secret and Williams-Sonoma, among others, had performance issues during the morning of Cyber Monday, causing them to lose sales opportunities and...
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Cyber Monday Drives 10% Increase in Web Traffic to Online Shopping Sites

Published on December 03, 2008 at 14:00:41 EST

As people headed back to work after the holiday weekend, Cyber Monday web traffic from home and work to the Nielsen Online Holiday eShopping Index increased 10% year over year.

Unique visitors to the sites included in the Index reached 35.9 million, a 13% increase over this year’s Black Friday Web traffic.

“The growth in traffic to online retail sites on Cyber Monday was better than many...
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Sears Posts Loss, Announces Store Closings, New Execs

Published on December 02, 2008 at 12:28:23 EST

Sears Holdings reported a wider-than-expected Q3 loss, having been hurt by fewer shoppers at its Kmart and Sears chains, MarketWatch writes.

Poor strategic decisions from chairman Edward Lampert to skimp on store investments and cut other costs may have further hurt the company, causing it to lose out to competitors such as Wal-Mart and JCPenney, analysts suggest.

Revenue in the quarter (ended...
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Black Friday Traffic to Online-Shopping Sites Up 10%

Published on December 01, 2008 at 13:58:38 EST

Web traffic from home and work to the Nielsen Online Holiday eShopping Index increased 10% year over year on Black Friday, growing from 28.8 million unique visitors in 2007 to 31.7 million unique visitors in 2008, Nielsen Online reported (pdf). The index tracks more than 120 representative online retailers.

Below, additional findings released by Nielsen Online.

Category Growth

Consumer...
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