retail sales

Quintard mall bucking recession, competition

Anniston, AL - Despite the challenges of growing competition and an economic recession, the Quintard Mall is not shrinking, but expanding its retail offerings.

The Oxford mall is in the middle of a year-long, $2.35 million revitalization plan designed to bring in more retail businesses and keep shoppers from spending their money elsewhere. Read more...

Tax holiday leaves retailers smiling

By the time retailers closed their doors Sunday, many were proclaiming the state’s sales tax holiday a success, with stories of busy cash registers and filled parking lots — but there were few numbers.

Businesses were jubilant about the boost in business, and the Retailers Association of Massachusetts said sales statewide appear to have exceeded the expectations of $500 million over the weekend. Read more...

Retailers expect parents to loosen their purse strings this year for school shopping

St. Louis, MO - Last year, many families tightened their purse strings when it came to back-to-school shopping.

Retailers are hoping it's a different story this year. Read more...

Retailers are counting on the tax holiday’s reappearance to boost sales

Retailers are hoping the state’s sales tax holiday will draw customers into their stores, but will they take the bait?

Massachusetts has not had a sales tax holiday since August 2008, just before the start of the financial crisis. Now, some retailers are gearing up for the tax-free weekend of Aug. 14 and 15, planning to offer additional discounts and launch advertising campaigns in anticipation that the weekend will be one of their best during the year. Read more...

NC retail industry banking on big Sales Tax Holiday

Raleigh – Whispering Pines resident Rachel Batson took the family to the mall on Tuesday, to scope out ideas for this weekend's Sales Tax Holiday.

The big ticket item this weekend may be consumer confidence, at a time when Americans are holding onto more, and spending less. Parents with multiple children on their way back to school are eager for the holiday, as the savings add up quickly. Read more...

Mall owners benefit from retail sales increase

Simon Property Group Inc., the largest U.S. shopping-mall owner, said second-quarter earnings rose as national retail sales improved and rents climbed.

Funds from operations climbed to $487.7 million ($1.38 per share) from $313.1 million (96 cents) a year earlier, the Indianapolis company said Friday. The figures from a year ago included an impairment expense of 42 cents per share. The company also affirmed its forecast for full-year adjusted funds from operations of $5.77 to $5.87 per share. Read more...

Retailers' back-to-school assignment: Boost sales

Retailers are preparing for this year’s back-to-school shopping season as if it’s a test they can’t afford to fail.

While the two leading retail trade groups are forecasting pent-up demand and a recovering economy will let stores earn easy A’s this year, retailers aren’t taking anything for granted. They’re worried the still-skittish American consumer could hit them with some surprises if they don’t do their homework. Read more...

Research firm forecasts muted back-to-school sales

New York — Retailers will see fewer customers visits during the critical back-to-school season, a research firm forecast Tuesday, but it expects shoppers will spend more than last year. Read more...

Stores push summertime 'Christmas' sales

New York, NY — Santa in the summer?

Retailers are pumping still more energy this year into trying to get shoppers to loosen their purse strings early for Christmas with sparkly ornaments, holiday music and special prices. In July. Read more...

Cool malls drive retail sales upward

U.S. retailers reported sales gains in June as record-high temperatures on the East Coast pushed more shoppers into air-conditioned malls.

Sales at stores open at least a year rose more than analysts projected at Nordstrom Inc., JC Penney Co. and Macy's Inc., according to estimates compiled by Retail Metrics Inc. Read more...