Articles > Business magazines > Investing, Sales, and Marketing magazines > Mass Market Retailers articles > July 2009

Article: Mass retail sales stuck in Doldrums in June.(NEWS)

Article from:
Mass Market Retailers
Article date:
July 13, 2009
Copyright

NEW YORK -- Cool, rainy weather dampened an already sluggish retail industry in June.

The month that traditionally begins the summer shopping season, when consumers seek out air conditioners, barbecue equipment and cameras, produced poor sales even at warehouse club operators.

Same-store sales at Costco Wholesale Corp. dropped 6%, as shoppers shunned high-ticket items. The chain's total volume dipped 4% from June 2008 to $6.88 billion. Excluding the negative effect of a slide in gasoline prices, however, United States comparable-store sales would have been down just 1%.

While nondiscretionary categories suffered, demand for dell, candy and ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Drug chains again demonstrate resiliency. (MMM ...
MMR;  May 13, 2002 ;     700+ words ...NEW YORK -- Drug chains again demonstrated their recession resistance last year, although ... hardly immune from the aftershocks of September 11. Overall same-store sales continued to rise, although chain drug retailers once again had ...

Article: Today's drug chains enjoy unprecedented success. ...
Chain Drug Review;  October 24, 1994 ;     700+ words ... ... years of this century. Such drug chains as Eckerd Corp., Revco ... more impressive, same-store sales increases at many drug chains are approaching double digits ... Walgreens and now copied by many drug chains. The health of pharmacy ...

Article: Drug chains enjoy a strong year in 1996.(Special ...
Chain Drug Review;  March 17, 1997 ;     700+ words ... ... landscape, and that small drug chains face a limited time on ... do, led the nation's drug chains to a record $81.3 billion ... for just 33% of all drug store sales, the lowest percentage versus drug chains in the long and sometimes ...

Article: Climate gets more challenging for drug ...
Chain Drug Review;  November 10, 2008 ;     700+ words ... ... utilization rates and same-store sales, brought on by the challenging ... shave third quarter same-store sales projections for the top three drug chains: CVS Caremark Corp ... Corp. She cut her same-store sales estimate for CVS Caremark ...

Article: Canada's drug chains look to future.
Chain Drug Review;  October 12, 1998 ;     700+ words ... ... cannot be overlooked is the progress made by the drug chains themselves. In recent years virtually ever major ... its offerings in other categories. Top Canadian drug chains Drug store [sales.sup.*] Rank Company Headquarters (in millions ...

Article: Drug chains at home in market.(Market Focus: ...
MMR;  June 13, 2005 ;     700+ words ... ... pace in a market where drug store sales last year totaled about ... billion. Besides traditional drug chains, Bostonians often fill their ... case with other markets, drug chains operating in the Boston region ... boomer population. Boston drug chains also provide a ...

Article: Drug chains in top form as new milliennium ...
Chain Drug Review;  April 26, 1999 ;     700+ words ... ... There are precious few drug chains left to acquire. The ... chain drug retailing. Drug chains do more than 70% of total drug store sales in America, operate half ... good and the bad news -- drug chains have clearly become too ...

Article: Despite outward appearances, drug chains are facing ...
Chain Drug Review;  May 6, 1996 ;     700+ words ... ... the nation's drug chains some 66% of the ... billion in drug store sales - while operating ... Independent drug store sales: $38.75 billion ... Total chain drug store sales $74.78 billion ... 7% No. of drug chains (four or more ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives