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State of US Same-Store Sales - September 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 September 2010 and quarterly numbers. The data excludes fuel sales and is available in Microsoft Excel format from the link below:
Indications from September 2010 and the most recent quarterly same-store sales results across...Continue Reading »
August Chain Store Sales Meet Expectations
U.S. comparable?chain?store sales for August 2010 rose by 3.2% [pdf] on a year?over?year basis as measured by ICSC Research’s preliminary tally of 31 major retail chain stores. That performance was in?line with the International Council of Shopping Centers ICSC’s expectation for industry sales growth of about 3%.Strong Performers Offset Uneven Results
ICSC analysis...
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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 Expansion
In 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...Continue Reading »
Dollar Stores Pursue Growth
What many economists describe as the "new normal" of consumer frugality has been beneficial to the dollar store vertical. Leading players Dollar General and Family Dollar have both been pursuing growth and reporting impressive same-store sales increases as the poor economy has negatively impacted many other major retail chains.Family Dollar Expands Assortment, Spreads the Word
Family...Continue Reading »
Average Family Completes Close to Half of Back-to-School Shopping
The average US family has completed 43.2% of their back-to-school shopping, according to new data from the National Retail Federation (NRF) and BIGresearch.2010 Spending Outpaces 2009
Results from the Back-to-School Consumer Intentions and Actions survey indicate that at the equivalent time period last year, the average American family had only completed 41.6% of their back-to-school...Continue Reading »
Economy Permanently Changes Shopping Habits
The ongoing economic recession has permanently altered the food and CPG shopping habits of U.S. consumers, according to a new study from Deloitte.Caution will Outlast Recession
Statistics from the "2010 Great American Pantry Study" indicate that even when the current recession finally ends, US consumers plan to maintain the more cautious and bargain-oriented shopping habits they have...Continue Reading »
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Total Back-to-College Spending Up , Per Capita Down
Total spending on back-to-college merchandise should slightly increase this year compared to 2009, but average per capita family spending will be a little lower, according to data from the National Retail Federation (NRF) and BIGresearch.Total Spending Rises 12% from ‘09
Spending on back-to-college merchandise should total $33.77 billion, up 12% from $30.08 billion in...
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Discount, Dollar Stores Creep Up Top 100 Retailer List, Walmart Remains No. 1
The nation’s top retailers managed to hold on to their coveted spots, even with the troublesome economy, but a new group of companies are sneaking onto the playing field, according to an annual ranking of retailers by sales. With the economy putting a huge dent in consumers' budgets last year, discount and dollar stores became much more attractive to the American family, according to...Continue Reading »
Guidance Looks Increasingly Sunny
Based on financial guidance provided in the most recent quarterly public filings of 10 major public retailers, the industry appears to be generally taking a positive view of its near-term prospects. Following is a brief of review of the retailers’ expectations and some general trends that can be observed.Positive Guidance Amazon.com: Q2 fiscal 2010 net sales are expected to be between...Continue Reading »
Supercenters, E-commerce Will Gain CPG Dollar Share
The mass supercenter and e-commerce retail formats will gain substantial CPG dollar share in the next five years, according to the “Retail 2015 Forecast” from The Nielsen Company.Mass supercenter, which had a slightly less than 10% dollar share of the CPG retail channel in 2009, will grow its share to about 12% by 2015. E-commerce will increase its CPG dollar share from about 4% in...Continue Reading »