Retail Sales

Apple (AAPL) Pulls-In 3x More Revenue Per Sq. Foot than Tiffany's (TIF) Feb 6, 2012 01:21PM

Apple (Nasdaq: AAPL) is now making much more money per square foot in its retail stores than even luxury jeweler Tiffany's (NYSE: TIF).

According to data from Apple's 10-Q filing as well as analyst comments by Needhan & Company, Apple's quarterly revenue per square foot of retail space is $2,033, or about $8,133 per year. By comparison, Tiffany's is pulling in $2,974 per square foot each year. Based simply on sales per square foot, Tiffany's is the closest competitor to Apple.

Apple reported a 60 percent increase in overall retail sales and a 42.5 percent increase in revenue per store to $17.08 million. Overall square footage is assumed to be about 3 million.

Store size also increased from 6,000 square feet 10 years ago to 8,400 today.

Shares are up about 1 percent Monday.

Physical Stores? Okay, We're In...Maybe - Amazon (AMZN) Feb 6, 2012 07:48AM

"Because its working out well for Barnes & Noble (NYSE: BKS) and Best Buy (NYSE: BBY), why not try it out?" - Amazon.com

Well, Amazon didn't actually say that quote, but you know someone at the top of the world's largest e-tailer is thinking about it. According to reports out Monday, Amazon.com (Nasdaq: AMZN) might be mulling the idea of opening up brick-and-mortar stores, starting in Seattle. Forbes cites a tech blog, who cites a "source close to the information" on the news.

It makes sense, with Seattle being Amazon's headquarters and residents having nothing but the purest of love for the Company.

Reports have Amazon aiming to center the stores around it's Kindle e-reading devices and related books and accessories. Currently, retailers like Books-A-Million (Nasdaq: BAMM) and Barnes & Noble said they will not sell Amazon-published material.

From the goodereader.com report: "The company has already contracted the design through a shell company, which is not unusual for Amazon. When Amazon releases new products to the FCC it is always done through anonymous proxy companies to avoid disclosure to their competition on what they are working on. They are doing this for the actual first store layout and design, while modeling themselves after Apple (Nasdaq: AAPL)."

Amazon is indicated for a lower open Monday.

American Apparel (APP) Reports Preliminary January Comps Increase of 15% Feb 6, 2012 07:30AM

American Apparel, Inc. (AMEX: APP), has announced preliminary sales for the month ended January 31, 2012.

The Company reported that for the month of January 2012, total net sales increased 14% to $41.4 million. For the same period, comparable store sales increased an estimated 15% on an estimated 11% increase at retail stores and an estimated 39% increase in online sales. For the month wholesale net sales increased an estimated 21%.

Walgreens (WAG) Reports 2.3% Decline in January Sales Feb 3, 2012 08:02AM

Walgreens (NYSE: WAG) reports total sales for the month of January were $5.80 billion, down 2.3 percent from the same period last year. Company-wide same-store sales fell 4.6 percent. Front-end same-store sales rose 1.6 percent. Customer traffic was down 0.6 percent while basket size increased 2.2 percent.

Retail Sales Rise in January; Outlook Seems Gloomy for Some (XRT) Feb 2, 2012 03:37PM

Stocks in the Retail sector are mixed Thursday afternoon following retail sales data for the month of January which came in slightly better than expected. According to Retail Metrics, comparable store sales for the month rose about 4 percent, stronger than the 3 percent rise the market research firm was expecting.

Let's take a look at some of the highlights from this morning's monthly results (all sales are from January unless otherwise noted).

• Target (NYSE: TGT) - comps up 4.3 percent, shares up 1.2 percent.
  
  
• Macy's (NYSE: M) - comps up 2.4 percent, stock up 3.6 percent.
  
  
• Abercrombie & Fitch (NYSE: ANF) - Q4 comps flat despite 16 percent rise in sales. Sees quarterly adj-EPS of $1.10-$1.15, well below the Street estimate of $1.55. Shares down 12 percent.
  
  
• Gap (NYSE: GPS) - comps down 4 percent but said Q4 EPS will be around 41-42 cents, much better than the Street's current 35 cent estimate. Shares up 10.4 percent
  
  
• Big Lots (NYSE: BIG) - comps up 3.4 percent. Raised its Q4 estimate from $1.59-$1.66 to $1.71-$1.74, vs. the consensus of $1.63. Stock up 8.6 percent.
  
  
• Kirklands (Nasdaq: KIRK) - same-store sales up 1.4 percent during Q4. Sees quarterly EPS of 72-75 cents and FY12 EPS of 88-91 cents. Street currently at 67 cents for the quarter and 86 cents for the year. Shares up 8.4 percent.
  
  
• Ann (Nasdaq: ANN) - comps up 5 percent. Sees FY12 sales of about $2.212 billion, vs. the consensus of $2.22 billion. Stock down 8 percent as the company also announced Brand President Christine Beauchamp is leaving the retailer.
  
  
• Wet Seal (Nasdaq: WTSLA) - comps down 13 percent, guides Q4 EPS to about 3 cents, below prior guidance of 3-5 cents and compared to the Street estimate of 10 cents. Shares down 7.5 percent.
  
  
• Rite Aid (NYSE: RAD) - comps up 2.2 percent, shares up 6 percent.
  
  
• Hot Topic (Nasdaq: HOTT) - comps up 1.3 percent, boosted Q4 EPS guidance form 17-19 cents to 19-20 cents, vs. the consensus of 18 cents. Stock up 5.7 percent.
  
  
• Limited (NYSE: LTD) - comps up 9 percent, stock up 3.9 percent.
  
  
• Costco (Nasdaq: COST) - comps up 8 percent, stock up 2.6 percent.

The SPDR S&P Retail ETF (NYSE: XRT) is up 0.2% Thursday afternoon.

Tune in to our Retail Sales category on the first Thursday of each month to see all the breaking retail sales data.