New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
New York — U.S. chain store sales rose 5.1 percent year over year in September, according to a new report from the International Council of Shopping Centers (ICSC).
The trade group’s preliminary figure is based on a compilation of available sales results for 11 publicly traded chains, and excludes gasoline stations and September’s tally from Gap Inc., which has not yet reported.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Washington – Retail sales in November and December will increase 3.9 percent, to $602.1 billion, the National Retail Federation (NRF) has projected.
The trade group’s forecast jibes with the 4-percent increase predicted by the Consumer Electronics Association (CEA), although the latter anticipates a $738 billion holiday tally.
New York — Total holiday sales will grow between 4 percent and 4.5 percent, to upward of $967 billion, according to a new forecast by Deloitte.
The projected gains will be spurred by rising home prices and steady job creation, and are on par with last year’s 4.5 percent increase, the consultancy said.
Direct sales, including the online, catalog and interactive TV channels, are expected to increase upwards of 13 percent, while 8 percent of brick-and-mortar sales, or $66 billion, will be influenced by research on mobile devices, Deloitte projected.
San Francisco — Holiday sales for CE and major appliance retailers are projected to increase 2 percent this holiday season, while store visits will decline 1 percent, a new report suggests.
According to market research firm ShopperTrak, the CE major appliance channel mirrors total retail trends, which indicate a slowdown in holiday sales growth. Total retail sales are expected to rise 2.4 percent in November and December, down 20 percent from last holiday season’s 3 percent gain, while total foot traffic is forecast to slip 1.4 percent year over year.
Fort Worth, Texas — RadioShack reported a net loss, slightly lower sales, and lower comp sales in the fourth quarter, and a net loss for the year, ended Dec. 31.
Total net sales and operating revenue were $1.3 billion, compared with $1.4 billion last year. Comp-store sales were down 7 percent, driven by a decline in the mobility and consumer electronics platforms, the chain said.
Washington — Sales at CE and appliance stores rose 1.3 percent in January to an estimated $8.4 billion, the U.S. Commerce Department reported.
In contrast, sales edged up just 0.2 percent from December, the agency said.
The increase may reflect the impact of last month’s Super Bowl, which was the third-largest sales period for TVs in 2012, according to The NPD Group.
Washington — December sales for CE and appliance retailers rose 1.3 percent to $8.4 billion, the U.S. Commerce Department reported.
However, sales slid 0.6 percent from November the agency said, confirming reports from retailers of a strong start to the holiday season and a weaker finish in December.
Port Washington, N.Y. – CE retail sales fell 7 percent to $13.7 billion during the holiday period of Nov. 18-Dec. 22, The NPD Group reported.
The data exclude sales of mobile phones, Amazon Kindle products, iPad, video games and Microsoft’s Surface computers.
Most CE categories tracked by NPD struggled, the market research firm said, although TVs and notebook computers each enjoyed sales in excess of $2 billion.
No other single segment accounted for more than $1 billion in revenue.
New York – CE retailers reported a mixed December, as a last-minute sales surge was unable to offset post-Thanksgiving sluggishness in the first three weeks of the month.
“Strong results late in the month did not completely offset softness in the first three weeks,” said Target chairman, president and CEO Gregg Steinhafel. Net December sales rose a scant 0.8 percent for the No. 2 discount chain, to $10.2 billion, and comparable store sales were essentially flat. Comp sales in hardlines, which includes home entertainment, declined by the mid-single digits.
Washington – Retail sales for CE and white-goods merchants slipped 1 percent to $8.4 billion in November, the U.S. Commerce Department reported, although revenue edged up 2.5 percent from October.
In comparison, e-tailers and other direct-sellers enjoyed an 11.1 percent boost in total November sales to $38.5 billion year over year, the agency’s monthly retail sales estimates show, while total U.S. retail sales, excluding car dealers, gas stations and restaurants, were up 3.4 percent to $367 billion.