.Action sportswear and footwear retailerZumiez
Inc has posted a 19.2% rise in total sales for the four weeks to 28
January, climbing to $31.8m from $26.7m in the same period last year.
Same-store sales were up 10.8% according to the company, which operates
434 stores .
.Denim specialist The Buckle
Inc posted a 10.9% jump in net sales to $60.3m in the four-week period
to 28 January, up from $54.4m a year earlier. Same-store sales at stores
open at least one year were up 7.4%. The retailer operates 431 stores .
.Teen clothier Wet Seal
Inc said its January sales “did not meet expectations,” as spring
transitional fashion underperformed and tight inventory management led
to light unit levels. Weakness was seen in all major categories at Arden
B. Net sales dropped 8.2% to $32.4m. And same-store sales tumbled 13%,
with a decline of 13% at the Wet Seal stores and a fall of 12.7% at
Arden B .
Limited Brands Inc, operator of the Victoria’s Secret and La Senza chains, said its net sales edged down 0.25% to $774.5m from $772.6m. Comparable store sales were up 9% .
.Specialty clothing retailer Gap Inc
reported a fall of 1% in its net sales, dropping to $833m from $843m
last year. January same-store sales dropped 4% as it took steps to clear
merchandise. Comparable sales – including online sales – in its North
American operations fell 5% at Gap, rose 6% at Banana Republic, and
dropped 6% at Old Navy. International same-store sales fell 10% .
.At value-priced fashion retailer The Cato
Corporation, which operates the Cato, Versona and It’s Fashion
divisions, sales fell 4% to $50.5m from $52.6m a year earlier.
Same-store sales were also down, dropping by 6%. The results were hurt
by the timing of tax refunds, it said .
.Total sales at regional department store operator Stage Stores
Inc increased 2.5% to $74m from $72m a year earlier. Comparable store
sales fell 0.1%, although growth was seen in accessories, children’s,
cosmetics, footwear, and junior’s, the company said. The company
operates 816 stores under the Bealls, Goody’s, Palais Royal, Peebles and
Stage names .
.Meanwhile Stein Mart
Inc booked a 4.3% drop in total January sales, falling to $60.1m from
$62.8m the year before. Comparable store sales were down 3.9%. Ladies’
accessories and men’s furnishings outperformed company trends, while
ladies’ dresses and career sportswear were weaker. Ladies’ casual
sportswear, men’s furnishings and ladies’ accessories had the strongest
sales, while men’s sportswear, women’s and social dresses saw weaker
trends .
.Over at Nordstrom Inc there was a 13.2% jump in total retail sales to $688m, up from $607m a year ago. Same-store sales were up 5.0% .
.And January sales were ahead of expectations at off-price retailer Ross Stores
Inc, which continues to benefit from consumers’ ongoing focus on value.
Total revenues increased 10% to $483m, up from $441m a year ago, and
comparable store sales grew 5%. Juniors, shoes and children’s continued
to be the strongest merchandise categories .
.Growth also continued at Macy’s
Inc, where total sales rose 2.0% to $1.34bn, compared with $1.31bn the
year before. On a same-store basis, sales were up 2.4% in January. But
it said sales in January – the smallest-volume month of the year – were
“weaker than anticipated.” .
.But department store retailer “a href=”http://www.just-style.com/companies/the-bon-ton-stores_id826″>The Bon-Ton Stores”/a>
Inc said its total sales were below plan as milder weather hurt sales
of cold-weather merchandise. Total sales slipped 3.2% to $174.4m from
$180.1m, and same-store sales fell 3.5% .
.And revenues fell 1% at “a href=”http://www.just-style.com/companies/dillards_id421″>Dillard’s”/a>
Inc to $363.55m from $366.42m the year before, although comparable
store sales were flat with last year. Sales in shoes were “significantly
above trend,” the retailer said, whereas men’s apparel and accessories
lagged .
.”a href=”http://www.just-style.com/companies/saks_id12″>Saks”/a>
Incorporated, which operates the Saks Fifth Avenue and Saks Off 5th
stores, reported a 7.2% rise in sales to $175.6m from $$163.8m last
time. Comparable store sales jumped 10.5% for the month. The strongest
categories included women’s contemporary and “gold range” designer
apparel, handbags, and men’s accessories, clothing and contemporary
apparel .
.Modest gains were seen at department store operator “a href=”http://www.just-style.com/companies/kohls_id230″>Kohl’s”/a>
Corporation, where January sales “were in-line with expectations.”
Total sales rose 2.4% to $844m from $825m last time, and comparable
store sales edged up 0.6% .
.At off-price retailer “a href=”http://www.just-style.com/companies/the-tjx_id77″>The TJX”/a>
Companies Inc, sales for the four weeks of January climbed to $1.4bn,
up 5% over last year’s $1.3bn. Consolidated comparable store sales
increased 7% and the company said “every division” delivered strong
sales results .
.”a href=”http://www.just-style.com/companies/target-corporation_id439″>Target Corporation”/a>,
meanwhile, said its net retail sales rose 5.1% to $4.6bn from $4.4bn a
year ago, and comparable-store sales increased 4.3%. It said January
sales were near the high end of expectations and were “healthy
throughout the month and across the country.” .”
Date:2/6/2012
Source:www.mrketplace.com