Thursday
September 2, 2010
Retail comp sales results are out for August and they are generally good. Several retailers beat analyst estimates with positive months from Zumiez, Limited Brands, and Abercrombie & Fitch. Hot Topic beat estimates by only decreasing 3.7% for the month, never a good sign. Hot Topic still hasn’t had a positive comp month this year.
This is a run down of the same store sales / comp sales for the retailers we track, for the 4 week period ending August 28, 2010
| Retailer: |
Comp (%) |
| Abercrombie & Fitch (entire company) |
6.0 |
| Abercrombie & Fitch (brand) |
9.0 |
| abercrombie kids |
-9.0 |
| Aeropostale |
-1.0 |
| American Eagle |
1.0 |
| Banana Republic |
6.0 |
| Gap Inc. (entire company) |
0.0 |
| Gap North America |
-1.0 |
| Gap International |
-5.0 |
| Hollister |
7.0 |
| Hot Topic (company) |
-3.7 |
| Hot Topic |
-3.3 |
| Kohl’s |
4.5 |
| JCPenney |
2.3 |
| Limited Brands |
10.0 |
| Macy’s |
4.3 |
| Old Navy |
-2.0 |
| Target |
1.8 |
| Torrid |
-5.6 |
| Zumiez |
9.1 |
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Read more about: abercrombie and fitch, aeropostale, American Eagle, banana republic, Gap Inc., hollister, hot topic, jcpenney, july, Kohl's, limited, Macy's, old navy, retail sales, Target, torrid, Zumiez
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Sharing with you the stories that I’m reading today. Some notes on Gap International, Google makes a retail-related acquisition, and links to good resources for e-commerce developers.
The always terrific Get Elastic blog has an excellent roundup of 22 features of e-commerce site search. The terrific review of a variety of search options and search results from different e-commerce stories is really helpful. Site search is a very important, and sometimes overlooked, area of e-commerce implementations. The Get Elastic blog post should inspire some conversations about ways to improve your search.
Seeking Alpha has some notes on Gap’s Q2 results and their international strategy. Australia, China, and Italy will all see new Gap and/or Banana Republic stores this year. I don’t blame Gap for expanding internationally as that division has been on fire this year. According to my tracking, the international division has seen only one month of negative comps this year; everything else has been flat or positive.
Google makes a big splash by buying visual search engine like.com. Great deal for Google, probably an even better deal for like.com. I’d love to see what Google Product Search will look like after the like.com engine is integrated.
Finally, Practical E-commerce has another good article discussing the pros and cons of different checkout methods. More food for thought for developers and designers.
Comp sales are out for July and they are soft, for the most part. While it looks like Abercrombie & Fitch and Zumiez have beat expectations, a number of retailers are reporting software sales than expected, including Target, JCPenney, and Aeropostale.
This is a run down of the same store sales / comp sales for the retailers we track, for the 4 week period ending July 31, 2010
| Retailer: |
Comp (%) |
| Abercrombie & Fitch (entire company) |
7.0 |
| Abercrombie & Fitch (brand) |
10.0 |
| abercrombie kids |
1.0 |
| Aeropostale |
1.0 |
| American Eagle |
0.0 |
| Banana Republic |
3.0 |
| Gap Inc. (entire company) |
1.0 |
| Gap North America |
-4.0 |
| Gap International |
3.0 |
| Hollister |
4.0 |
| Hot Topic (company) |
-9.4 |
| Hot Topic |
-7.2 |
| Kohl’s |
4.1 |
| JCPenney |
-0.6 |
| Limited Brands |
12.0 |
| Macy’s |
7.3 |
| Old Navy |
2.0 |
| Target |
2.0 |
| Torrid |
-9.0 |
| Zumiez |
9.4 |
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Read more about: abercrombie and fitch, aeropostale, American Eagle, banana republic, Gap Inc., hollister, hot topic, jcpenney, july, Kohl's, limited, Macy's, old navy, retail sales, Target, torrid, Zumiez
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Comp sales for June are out and it is a mixed bag, as expected. The winners for the month look to be Abercrombie and Fitch (showing strong gains across A&F and abercrombie kids stores, making up for a poor performance from Hollister), Nordstrom (up 14.1) and Zumiez (up 10.9)
This is a run down of the same store sales / comp sales for the retailers we track, for the month of June (five weeks ended July 3, 2010).
| Retailer: |
Comp (%) |
| Abercrombie & Fitch (entire company) |
9.0 |
| Abercrombie & Fitch (brand) |
10.0 |
| abercrombie kids |
14.0 |
Aeropostale
| 8.0 |
| American Eagle |
-1.0 |
Banana Republic
| 6.0 |
| Gap Inc. (entire company) |
0.0 |
Gap North America
| -3.0 |
| Gap International |
0.0 |
Hollister
| 7.0 |
| Hot Topic (company) |
-1.6 |
Hot Topic
| -2.1 |
| Kohl’s |
5.9 |
JCPenney
| 4.5 |
| Limited Brands |
6.0 |
Macy’s
| 6.5 |
| Nordstrom |
14.1 |
Old Navy
| 0.0 |
| Target |
1.7 |
Torrid
| -3.8 |
| Zumiez |
10.9 |
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Read more about: abercrombie and fitch, aeropostale, American Eagle, banana republic, Gap Inc., hollister, hot topic, jcpenney, july, Kohl's, limited, Macy's, nordstrom, old navy, retail sales, Target, torrid, Zumiez
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Comp sales are out for the month of May and it is a mixed bag of results for the retailers we track. Gap scored big, internationally, with an 8% increase outside of the US. Mall-based Zumiez saw another strong month, showing a 7.1% increase over last year.
This is a run down of the same store sales / comp sales for the retailers we track, for the month of May (four weeks ended May 29, 2010).
| Retailer: |
Comp (%) |
| Abercrombie & Fitch (entire company) |
-3.0 |
| Abercrombie & Fitch (brand) |
2.0 |
| abercrombie kids |
-10.0 |
| Aeropostale |
1.0 |
| American Eagle |
-3.0 |
| Banana Republic |
1.0 |
| Gap Inc. (entire company) |
1.0 |
| Gap North America |
-2.0 |
| Gap International |
8.0 |
| Hollister |
-6.0 |
| Hot Topic (company) |
-9.0 |
| Hot Topic |
-9.6 |
| Kohl’s |
3.5 |
| JCPenney |
-1.8 |
| Limited Brands |
5.0 |
| Macy’s |
1.4 |
| Nordstrom |
3.7 |
| Old Navy |
1.0 |
| Target |
1.3 |
| Torrid |
-7.4 |
| Zumiez |
7.1 |
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Read more about: abercrombie and fitch, aeropostale, American Eagle, banana republic, Gap Inc., hollister, hot topic, jcpenney, july, Kohl's, limited, Macy's, nordstrom, old navy, retail sales, Target, torrid, Zumiez
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