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December Sales Round-Up

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Given the enormous importance of this year's holiday shopping season, I'll be posting retailer-by-retailer results on the blog today.

ICSC's report is up and available for download (if you're an ICSC member). ICSC puts the same-store sales gain for December at 0.9 percent compared with last year based on its index of stores. (Last year same-store sales in December rose 3.3 percent over the prior year.) That makes it the weakest December since 2000 when same-store sales grew 0.7 percent. For the November/December period combined the picture looks better. ICSC is estimating that same-store sales rose 2.2 percent. That's the worst figure since 2002, but isn't so far off last year's gain of 2.9 percent.

Looking at things on a retailer-by-retailer basis, here's how things are shaking out. It gets a bit confusing because not every retailer is comparing to the same five-week period from a week ago. Some are including the first week in January in both years. Others are comparing the period ending January 5 this year to one ending December 30 last year. I've broken the data into two charts reflecting that. Also, some retailers are reporting nine-week rather than five-week figures. And lastly, some are reporting figures on a quarterly basis. For companies with multiple brands (like Gap, Charming Shoppes, TJX and others), I used the consolidated figures for the entire company rather than list all the chains separately.

These retailers reported sales for the five-week period ending January 5, 2008 compared with the five-week period ending January 6, 2007.

Retailer Same-Store Sales
The Buckle +18.7%
Pier 1 Imports +7.5%
Costco +7.0%
Ross Stores +3.0%
BJ's Wholesale Club +3.0%
TJX Cos. +3.0%
Wal-Mart +2.4%*
Abercrombie & Fitch -2.0%
Family Dollar -0.7%
Pacific Sunwear -2.8%
Nordstrom -4.0%
Stein Mart -5.7%
Gap Inc. -6.0%
Mothers Work -7.6%
Limited -8.0%
Ann Taylor -9.4%
The Bon-Ton Stores -11.3%
Circuit City -11.4%
Chico's FAS -13.7%

(Wal-Mart's periods end Jan. 5, 2007 and Jan. 4, 2008.)


These retailers reported sales for the five-week period ending January 5, 2008 compared with the five-week period ending Dec. 30, 2006.

Retailer Same-Store Sales
Aéropostale +12.2%
JoS. A Bank Clothiers +2.0%
Saks +0.8%
The West Seal +0.6%
American Eagle -2.0%
Nordstrom -4.0%
Target -5.0%
Dillard's -5.0%
Stage Stores -7.1%
Wilsons The Leather Experts -7.1%
J.C. Penney -7.5%
Macy's -7.9%
Cato -8.0%
Ann Taylor -11.4%
Kohl's Corp. -11.4%
Gottschalks -13.8%


Some retailers reported figures for longer periods.

For nine-week periods ending January 5.

Retailer Same-Store Sales
GameStop +20.0%
Toys 'R' Us +3.1%
Barnes & Noble -0.4%
Bakers Footwear -5.9%
Charming Shoppes -7.0%


For the most recently completed quarter.

Retailer Same-Store Sales
Eddie Bauer +4.8% (Q ending 12/29)
Big 5 Sporting Goods -4.7% (Q ending 12/30)
Tuesday Morning -7.6% (Q ending 12/31)
bebe stores -7.9% (Q ending 1/5)


Other.

Retailer Same-Store Sales
Neiman Marcus +2.9% (Revenues; 5-weeks ending 12/29/07 vs. 12/30/06)
Ulta +4.6% (Six-week period from 11/18/07 to 12/29/07)
Finlay Enterprises -5.9% (Nov. & Dec. combined)
Zale Corp. -9.0% (Nov. & Dec. combined)


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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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