Retail
Genesco reports increasing sales
The Nashville-based footwear retailer announced fourth quarter-to-date comparable sales increasing by 4%. As a result, Genesco reiterated most recent adjusted earnings per share guidance
Nordstrom: comparable sales increase by 1.3%
The Seattle-based fashion retailer announced comparable sales increasing by 1.3% in the nine weeks period ended on the 5th of January 2019, compared with similar period in 2018
Amazon with record holiday sales
The US-based ecommerce giant announced a “record-breaking holiday season” with athleisure cited as a “top trend”. Amazon registered more items ordered worldwide than ever before, with customers shopping at record levels from a wide selection of products across every department
80 Sears and Kmart locations to close
Sears Holdings, in bankruptcy proceedings since October, revealed 80 more Sears and Kmart stores it plans to close in late March 2019
Blake Nordstrom dies at age 58
The 58-year old co-President of Nordstrom, Blake Nordstrom, died early Wednesday morning. Blake's brothers, Pete and Erik Nordstrom, will continue as co-Presidents of the company
Czech retail trade accelerated growth
In October 2018, Czech sales adjusted for calendar effects increased at constant prices by 5.2%, year?on?year; non-adjusted sales grew by 6.4%. Seasonally adjusted sales in retail trade increased by 1.0%, month-on-month
Cyber Monday with sales record
Adobe's most recent report concluded that on Cyber Monday overall sales reached 7.9 billion US dollars. Sales coming from smartphones hit all-time high with over 2 billion US dollars. The buy online, pickup in-store was up by a record 50%
Most consumers ignore emails from retailers
Email remains one of the most dominant forces in digital marketing for retailers, with 47% of consumers rating email as their most preferred media channel for brand communications, according to a new study from Yes Lifecycle Marketing. However, many messages are ignored
Foot Locker and Asics launch exclusive collection
The two brands have gathered to announce the launch of the "Welcome to the Dojo" pack, an exclusive apparel and footwear collection inspired by ASICS' Japanese heritage
Sales of performance shoes down by 5%
While the market for athleisure shoes is flourishing, sales of performance shoes are going down
Nike is working on customer engagement
The US-based sportswear giant is set to bring back in-store traffic through Nike Live, a new tech-driven concept store at the intersection of digital and physical retail
Growing retail sales in the US
May retail sales increased by 0.7% seasonally adjusted over April and 5.6% unadjusted year-over-year as a growing economy prompted consumers to continue to spend, according to the National Retail Federation
High heel sales fall as women shift to comfort
Women are shifting their demand to more comfortable sneakers, as last year’s 37% increase in US women’s leisure sneaker sales suggests. Meanwhile, high heel sales are going down-
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