ICSC: Big Gain in Average Holiday Spend

ICSC: Big Gain in Average Holiday Spend

The International Council of Shopping Centers has released research indicating retail sales grew 17% year-over-year in November and December of 2021. ICSC’s 2021 Post-Holiday Survey has found that consumers spent an average of $1,011 this holiday season with 226...
Citi Trends Touts Strong Holiday, Outlook

Citi Trends Touts Strong Holiday, Outlook

Specialty value retailer Citi Trends announced significant sales gains in the holiday selling period and provided a growth outlook moderated somewhat by January sales slowed by the COVID-19 surge, according to the company. Citi Trends describes itself as a “specialty...
Kirkland’s Comps Slip in Holiday Season

Kirkland’s Comps Slip in Holiday Season

The holidays weren’t particularly kind to Kirkland’s, but the company will keep pushing strategic initiatives in the New Year, including a rebranding effort, as it pursues improvement.  President and CEO Steve “Woody” Woodward said that comparable...