Hot Topic isn’t feeling the chill winds of recession, as its teenage customers have warmed to its edgy fashions, and in the span from December to January the company actually turned up the heat, which suggests the economy can’t smother all of the other factors that drive retail. Comparable store sales in January increased by six percent, an improvement on Hot Topic’s stellar December...
Retail Industry Archive
February 2009
Although its earnings guidance may alarm Wall Street, Costco’s aggressive pricing in the latest quarter may put it in a better position to withstand the recession. Costco’s first quarter opened just as November ended, and aggressive pricing the company instituted then and through December made sense for a couple of reasons. Driving holiday sales is one, but a big question warehouse...
Macy’s announcement about centralizing its administrative and buying organization, and the accompanying the layoff of 7,000 workers, is drawing a lot of attention but getting lost in the ensuing discussion is the creation of regional merchandising districts, one designed to refocus the company’s attention on local customer preferences. The company has faced a big problem as it bought up...
Food inflation is ending, and J.P. Morgan has downgraded Ahold and Delhaize after determining that supermarkets may find it tougher to cope with the competitive environment as a result. Food inflation gained 6.6% in 2008. For food retailers, that brough two benefits. First, it gave them cover to raise prices. Because the media extensively discussed the reasons, increased fuel costs and problems...
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- P&G Retail Push Makes Sense, Risks Aside
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Industry Transcripts by Seeking Alpha
- Coldwater Creek, Inc. Q3 2009 (Qtr End 10/31/09) Earnings Call Transcript
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