Nov. comps climb double digits for JC Penney
Due to “compelling promotions” J.C. Penney Co. Inc. recorded a 10 percent year-over-year increase in same-store sales in November, with its Modern Bride brand among the private labels showing signs of life.
Tiffany’s comps in the Americas up only 1 percent
Tiffany & Co. reported Tuesday that same-store sales in the Americas rose 1 percent in the third quarter, with the growth attributable to sales at the company’s flagship store in New York City.
Zale records 12th quarter of positive comps
Same-store sales grew in Zale Corp.’s fiscal first quarter, driven by strong sales at the company’s Zales- and Peoples-branded stores and of both bridal and core fashion jewelry.
Comps up 4 percent, color ‘hot’ at Sterling
Sterling Jewelers Inc. reported Tuesday that same-store sales increased 4 percent in the third quarter, led by strength in sales of colored diamond jewelry, bridal and watches.
ShopHQ shifting away from jewelry
Third quarter sales grew for Shop HQ, formerly ShopNBC, as did the company’s customer base, a change it attributes to selling fewer items in the jewelry and watches category while bulking up its selection elsewhere.
Earnings roundup: Jewelry does well at JC Penney
Fine jewelry was one of the top sellers at J.C. Penney in the third quarter, a quarter in which the retailer saw signs of improvement, recording its first same-store sales increase in almost two years.
Gitanjali still has eye on U.S. expansion
Gitanjali Group’s U.S. sales grew 12 percent year-over-year in the first two quarters of the fiscal year, and the company remains focused on expanding in markets outside of India.
Earnings roundup: Walmart, Kohl’s
Walmart Stores Inc. and off-price retailer Kohl’s Corp. released their
third quarter earnings Thursday, with same-store sales down for both as
the retail environment remains competitive.
JC Penney sees rise in same-store, online sales
J.C. Penney Co. Inc. said Thursday that its same-store sales increased 0.9 percent in the month of October, marking the first time the retailer has recorded positive same-store sales in almost two years.
Q3 jewelry sales slow for HSN
HSN Inc., the parent company of on-air and online retailer HSN, reported
Wednesday that the retailer’s sales were flat in the third quarter,
with jewelry cited as one of the weakest sellers.
QVC: One-third of online orders now mobile
Multimedia retailer QVC’s online sales accounted for 41 percent of its total U.S. revenue in the third quarter, and one-third of those sales were made to customers shopping from mobile devices.
Blue Nile: Half of holiday traffic will be mobile
The CEO of Blue Nile, which just recorded its sixth consecutive quarter of double-digital sales growth, said the company expects more than 50 percent of site traffic to come from mobile devices in the fourth quarter.
Amazon’s Q3 sales up more than 20 percent
Sales continued to climb for Amazon.com Inc. in the third quarter, with the company reporting a 24 percent increase to $17.09 billion as compared with $13.81 billion in the same period last year.
Watch, jewelry sales pick up for LVMH
After falling flat in the first half of the year, LVMH’s Watches &
Jewelry business group recorded organic revenue growth of 3 percent
through the first nine months of the year.
Jewelry sales strong at JC Penney
Fine jewelry, along with apparel and accessories, are among the
categories turning in an above-average performance at J.C. Penney Co.
Inc., the retailer said this week.