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Tag Archive: “holiday sales”

Dec
22

Omnichannel Shoppers May Be Omni-Disappointed

Just when retailers are saying, “hey look over here at online and forget about our flailing in store traffic,” FedEx (FDX) goes all Grinch today. In its disappointing report this morning, the delivery behemoth suggested West Coast port issues are more significant than maybe retailers have been letting on.  That raises my Grinch red flag for retail …

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Jan
10

TGT: New Ailment but Don’t Forget Pre Existing Condition

published 12/30/2013 Oh, Tar-jay, you really have blundered this one. After the hacking incident that compromised 40 million Target (TGT) customers’ payment data, between Nov. 27 and Dec. 15, management took its sweet old time and waited till Dec. 20 before announcing it. To add a little salt to the wound, Target confirmed Friday that personal …

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Dec
27

Don’t Put Axe Away;Retail Estimates Still Need a Chop

This article was published on the street.com Real Money MasterCard (MA) just released holiday sales figures and it’s not pretty. Sales increased 0.7%, the worst since the depths of the 2008 recession. ShopperTrak chipped away at estimates before Christmas (reduced to 2.5% from 3.3%), but clearly not enough. Warning to investors: Never assign much weight …

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Dec
23

Retailers Forgot the “Super” in Super Saturday

Retailers Forgot the “Super” in Super Saturday Nowhere was the traffic void this weekend more evident than the Saks Flagship store in NYC (~20% company sales). Just Wednesday I warned on Street Signs “Battle of the Retailers” Battle of Retailers business at Saks seemed particularly slow going into holiday. The level of markdown inventory the …

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Dec
06

Black Friday Was Kid Stuff-Macy’s Ups the Ante

macys rush

You thought Black Friday openings were aggressive? That was kid stuff. Macy’s announced it will expand its last minute shopping marathon for those of us who are afflicted with the disease of procrastination. “For the first time ever Macy’s will keep most stores open around the clock for the last weekend of holiday shopping”. Set …

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