Target’s Holiday Same-Store Sales Climb 17 Percent

Target Corporation announced that comparable sales in the combined November/December period grew 17.2 percent, driven by a 4.3 percent increase in traffic and a 12.3 percent increase in average ticket sales. Store-originated comparable sales grew 4.2 percent, while comparable digital sales grew 102 percent.

Big 5 Raises Q4 Guidance On Robust Holiday Sales

Big 5 Sporting Goods Corp. raised its earnings guidance for the fourth quarter ended January 3 as same-store sales grew 10.5 percent in the period on improving merchandise margins. Said Steven Miller, president and CEO, “As we enter a new year, we are confident that our product offerings will continue to attract customers who are looking to stay healthy and active.”

Dick’s SG To Open Destination Stores In New York And Tennessee

Dick’s Sporting Goods plans to open its first experiential store at Eastview Mall in Victor, NY in March and another in West Town Hall in Knoxville, TN in May. The store in Victor will include a 17,000-square-foot outside turf field to accommodate practices, community events, and other sports-related outdoor offerings.

Native Shoes Appoints CEO

Native Shoes promoted Kyle Housman from president to CEO. He succeeds Co-owner and CEO Scott Hawthorn, who has become executive chairman.

Giro Appoints Snow Brand Manager

Giro Sport Design announced that Josh Reid has joined the team as its snow brand manager. Reid will oversee all aspects of snowsports marketing communications, advertising and public relations.

JD Sports Raises Outlook On Online Strength

JD Sports Fashion Plc reported total same-store sales for the twenty-two week period to January 2 were up more than 5 percent ahead of the prior year as consumers switched between physical and digital channels. Earnings are expected to be “significantly” ahead of analyst targets.

2020 Retail Imports May Break Record Despite Pandemic

Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.