July 5, 2012 |
Consumers worried about the economy appeared more cautious about buying in June, prompting concerns about a possible slowdown in spending just ahead of the back-to-school shopping season. Major chain stores posted a weak 0.1% sales increase in June compared with the same month a year earlier, below analysts' expectations of a 0.5% rise, according to Thomson Reuters ' tally of 20 retailers. "Volatility is the word that best describes the June performance," said Michael Niemira, chief economist for the International Council of Shopping Centers.
May 31, 2012 |
Despite slower job gains and signs of flagging consumer confidence, consumers hit the malls in May to refresh their wardrobes as the summer shopping season begins. Major chain stores posted a 3.9% sales increase in May compared with the same month a year earlier, beating analysts' expectations of a 3.6% rise, according to Thomson Reuters ' tally of 18 retailers. Top performers were a mixture of high- and low-end stores. Action-sports chain Zumiez Inc. led the way with a 13.7% bump.
May 4, 2012 |
Shares of surf-and-skate retailer Tilly's Inc. jumped on the first day of trading in the company's initial public offering. The Irvine company's stock climbed 10% on Friday to close at $17.07, a sign of confidence for a retailer jostling for the same youth shoppers as rivals Zumiez Inc. and Pacific Sunwear of California Inc. Tilly's surprised Wall Street by pricing its IPO at a higher-than-expected $15.50 a share Friday. That topped the planned range of $11.50 to $13.50 a share and pointed to healthy demand for the stock.
April 11, 2010 |
NEWPORT BEACH Newport Beach Film Festival When, where: April 22 to 29, various venues Highlights: Now in its 11th year, this event will present hundreds of features, shorts, documentaries and animated films. Special showcases of youth films, action-sports movies and family flicks are on the schedule, along with celebrity galas. Cost: $12 general admission; $10 for seniors and students; $40 for film and a party. All-access pass $450. Info: (949)
November 29, 2007 |
Pink skateboards decked out with black skulls and crossed swords are flying off the online store shelves of Cool Girl Skateboards of Huntington Beach. But when it comes to the male-dominated world of bricks-and-mortar skate shops, the boards are often hitting a wall. Owner Frank Davern believes he's just begun to tap into the demand for lighter-weight boards for girls. The longtime skater said the website, at www.coolgirlskateboards.com, was not meant to be his main sales vehicle.
October 4, 2012 |
After splurging on back-to-school, shoppers took a break from the malls in September in advance of what is expected to be a decent holiday season. Major chains posted a 0.8% increase in retail sales in September compared with the same month a year earlier, slightly below analysts' expectations of a 1.6% rise, according to Thomson Reuters' tally of 19 retailers. "The holiday season will be a solid success but won't have numbers off the charts," said Barbara Kahn, director of the Jay H. Baker Retailing Center at the University of Pennsylvania.
May 3, 2012 |
After several months of strong retail sales, shoppers appeared more cautious about spending in April as rainy weather and fresh worries about the economy curbed people's urge to shop. Major chain stores posted a 0.8% sales increase in April compared with the same month a year earlier, falling short of analysts' expectations of a slightly better 1.5% rise, according to Thomson Reuters ' tally of 20 retailers. Top performers were a mixture of high- and low-end stores. Action-sports chain Zumiez Inc. led the way with a 10.1% bump.
October 18, 2012 |
North Lake Tahoe resorts were busy this summer and fall building new lifts, increasing snowmaking capacity and adding other amenities. Northstar is celebrating its 40th anniversary this winter by adding more glade skiing on the Backside, a new Burton Riglet Park that introduces snowboarding to 3- to 6-year-olds, and EpicMix Racing that lets participants compare their times against those of Olympic medalist Lindsey Vonn ....