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Gap sales continue to slump in December

2016-01-08 00:07:55| Apparel - Topix.net

The San Francisco-based retailer, which operates stores under its own brand as well as Banana Republic and Old Navy, said Thursday that a key sales measure fell 5 percent for the five-week period ended Jan. 2. By division, a key revenue measure at Gap fell 2 percent, while Banana Republic posted a 9 percent drop. Old Navy, until recently a bright spot, saw sales fall 7 percent.

Tags: december sales continue gap

 

US apparel retailers' December 2015 sales roundup 

2016-01-07 15:30:00| Daily apparel & textile news and comment - from just-style.com

Santa delivered some generally positive holiday sales results to US retailers in December as they grappled with a rapidly changing omnichannel landscape, low and middle income consumers with limited discretionary spending power, and a very mild autumn that depressed clothing sales.

Tags: december sales apparel retailers

 
 

Constellation Brands' YTD sales, profits surge on beer demand

2016-01-07 14:17:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has posted strong nine-month sales and profits as its beer portfolio continued to stoke performance.

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JC Penney reveals "strong" Christmas sales

2016-01-07 14:05:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer JC Penney has revealed "strong" Christmas sales thanks to digital sales and merchandise selection, and a focus on private brands.

Tags: sales strong christmas reveals

 

Signet Jewelers Reports Holiday Season Same Store Sales up 4.9%

2016-01-07 13:18:49| Jewelry - Topix.net

Mark Light, Chief Executive Officer, said, "Signet delivered excellent holiday sales as a result of the successful execution of our product, marketing, and omni-channel selling strategies, as well as our superior customer experience. These results were driven by broad-based success across strategic store brands, merchandise categories and selling channels.

Tags: up sales store reports

 

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