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15 May 12 - Shopping General Merchandise News

Retail Sales Increase 0.1% for April 2012
Total retail sales are $408 billion for April. Below is the monthly percentage change of retail sales categories. These numbers are seasonally adjusted.

Store employees get the biggest discounts
For employers, it's an insignificant benefit cost, but it encourages their front-line workers to get experience with the merchandise they're selling. Low-margin retailers such as grocery stores and big-ticket retailers like home improvement chains ...

To compete with Wal-Mart, local stores find niche
In the 15 years following the Wal-Mart opening, the general merchandise (GM) category sector in host towns showed a sharp increase in sales, while the control towns saw a slight decrease in GM sales.

April US retail sales increase slightly, in line with expectations
General merchandise store sales declined 0.1 percent from March and 2.6 percent from April of last year, and building material and garden equipment and supplies dealers' sales were down 1.8 percent from March, but they were up 10.3 percent from the ...

KEYC - Mankato News, Weather, Sports -Penney has 1Q loss as new pricing repels ...
AP Sports News Video Warren Buffett's company has revealed a number of changes in its US stock portfolio, including boosting its holdings in Wal-Mart and IBM and adding a new stake of 10 million General Motors shares. Warren Buffett's company is ...

The TJX Companies, Inc. Reports 41% Increase in First Quarter Adjusted EPS ...
This increase was largely driven by merchandise margin improvement as well as buying and occupancy cost leverage and the benefit from foreign currency exchange rates mentioned above.

Saks' 1Q profits up, but revenue disappoints
By ANNE D'INNOCENZIO AP Retail Writer NEW YORK (AP) - Saks reported a 13 percent bump in first-quarter profit, but weak demand of women's designer merchandise helped to pull revenue below Wall Street estimates. The New York company said Tuesday that it ...

Independent retail growing again
Analysis The independent retail sector continued to steady in March at trading levels well above those experienced during the last Christmas shopping season. Sales for the Australian Bureau of Statistics' “sample sector” - a rough proxy for the ...

Dick's Sporting Goods Reports First Quarter Results; Raises Full Year 2012 ...
... conditions that impact consumer spending or shopping patterns, particularly for the types of merchandise that we sell; changes in the general economic and business conditions and in the specialty retail or sporting goods industry in particular; ...

ISU economists study Iowa communities 15 years before and after Wal-Mart
In the 15 years following the Wal-Mart opening, the general merchandise (GM) category sector in host towns showed a sharp increase in sales, while the control towns saw a slight decrease in GM sales.

2011 a big year for Whatcom big box stores
The Washington Department of Revenue recently released data breaking down the retail sales numbers by industry in Whatcom County.

Target Remodels 90 Stores to Expand Fresh Food Selection
(NYSE:TGT) is pleased to announce that it has initiated remodels at 90 general merchandise stores across the US, which are expected to be completed on June 24, 2012.

Esh's celebrates 10 years of selling discount groceries in Loveland
( Craig Young ) LOVELAND - Regulars at Esh's Discount Groceries know that part of the fun of shopping at the little store west of Loveland is the element of surprise.

Golfsmith Announces First Quarter 2012 Earnings Results
Fiscal 2012 reflects occupancy charges primarily related to ten new stores, three of which opened in the current quarter, one store relocation and two additional relocations which are scheduled to occur later in the year.

Husky Offers New Retail Loyalty Program
It includes automatic earnings for instant redemptions at the pump and in stores, while offering customers the opportunity to save their points for online merchandise shopping and travel rewards. "Husky has some of the most loyal customers," says ...

Montana Cox tipped to become next top model for DJs, writes Ros Reines
Out went marketing group executive Brett Riddington along with home and food group executive Patrick Robinson and in came Donna Player, the former merchandise and planning general manager from Big W, reputed to be an incredibly smart retail operator.

Tuesday Morning Selects Benefitfocus HR InTouch
Headquartered in Dallas, Texas, Tuesday Morning has approximately 9000 employees in 852 stores across the United States. Tuesday Morning sought a cost-effective, comprehensive online portal that could simplify benefits enrollment while exchanging ...

Paul Frank to Launch Small Paul Collection Exclusively at Babies"R"Us
With this partnership, we're excited to bring the widely celebrated Small Paul designs to the moms who frequent our stores and the kids who will be thrilled to wear them." Paul Frank's Small Paul merchandise will be showcased in a dedicated shop in ...

Macy's, Inc. Reports First Quarter Earnings of 43 Cents Per Diluted Share, a ...
The quarterly data clearly demonstrates the strength of our results as we continue to implement our key strategies -- My Macy's merchandise localization; omnichannel integration of stores, online and mobile; and MAGIC Selling for enhanced customer ...

Macy's, Inc. First Quarter Same-Store Sales up 4.4%
... competitive pressures from specialty stores, general merchandise stores, off-price and discount stores, manufacturers' outlets, the Internet, mail-order catalogs and television shopping and general consumer spending levels, including the impact of ...