Word: stores
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Dates: during 2000-2009
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...Urban Outfitters and Anthropologie: Two bright spots in mid-priced retail are these sister stores. Both are thriving by investing in competent employees and offering a good mix of merchandise people won't find anywhere else. "They have a unique display selection and a director in every store," says Howard Davidowitz, Chairman of Davidowitz & Associates, a national retail consulting and investment-banking firm.. "No other store looks like them." The catchy windows draw people inside. The funky clothes sell themselves. Chen of Needham & Co. flagged Urban Outfitters as one of the best growth stories in the specialty retail space...
...than high-end labels. "It's perceived exclusivity," says Chen. "It's pretty accessible and for their customer it's a bargain." J. Crew might still sell some basics, but they do it better than anyone else. Their fiscal year ended February 2 with revenues increasing 16% and comparable store sales...
...Kroger: The largest traditional food retailer in the U.S. is doing well because its stores are convenient and people still need to eat. According to the WSL Strategic Retail survey, spending on food showed a net gain of 34 percentage points between those spending more versus those spending less compared to 2006, mostly because food prices have gone up. It has less to do with people buying more or trading up to gourmet items. Kroger's fourth quarter same-store sales at those open at least a year increased...
...spending increases among women and men: food and pet supplies. Owners are frequenting pet specialty boutiques or picking up an extra doggie tee or collar along with their own clothing purchases at places like Coach, Old Navy and Anthropologie. PetSmart, the largest specialty retailer for pets, had a same-store sales growth rate...
SHANGHAI Anya Hindmarch Local fans of these popular totes and other accessories won't have to travel to Beijing anymore; a flagship store opens this month at Plaza 66 in the Jing'an neighborhood...