same-store sales

7 Stories

McDonald's Sales Take First Dip in Almost a Decade

Company cites competition, lower demand

(Newser) - Mark it on your calendar, folks: October 2012 was the month Americans finally got sick of McDonald's. OK, that might be overstating it, but last month broke a nearly decade-long winning streak for the golden arches, as same-store sales fell 2.2%, their first drop since 2003, the Chicago ...

McDonald's Sees Sales Jump in Oct.

Recession? Ronald is lovin' it

(Newser) - Consumers worldwide who are watching their spending bought more burgers and chicken breakfast biscuits at McDonald's in October, leading to a big rise in sales at established locations. The corporation said today its global same-store sales jumped 8.2% during the month, beating the company's own prediction for a rise...

Retail Fears Drive Stocks Down
 Retail Fears Drive Stocks Down 
MARKET Open

Retail Fears Drive Stocks Down

Same-store sales weak in October

(Newser) - Stocks took a modest slide at the open today, thanks to dismal data from retailers. The Dow fell 57 points, while the Nasdaq and S&P dropped 1.1% and 0.9% respectively, the Wall Street Journal reports. Most retailers, with the notable exception of Wal-Mart, posted bleak same-store sales...

Retail Sales Rise, but Consumers Spend Cautiously

...consumers spend cautiously and retailers hurt

(Newser) - Consumers gave some of the nation's retailers a little relief in April, following months of dismal sales, but business was helped along by heavy discounting that could hurt fiscal first-quarter earnings, AP reports. Early sales reports issued yesterday showed that shoppers—who are contending with rising gas prices, sagging home...

March Retail Sales Fall Flat
 March Retail Sales Fall Flat 

March Retail Sales Fall Flat

Easter partly to blame as chains fall short of expectations

(Newser) - Retailers’ same-store sales were flat in March, due in part to an early Easter, the Wall Street Journal reports. The Thomson Financial Same Store Sales Index, projected to sink 0.1%, fell 1.1%, excluding Wal-Mart. Shoppers weren’t ready to buy for spring on the heels of winter, store...

Mickey D's Risks Big in Java War
Mickey D's Risks Big
in Java War

Mickey D's Risks Big in Java War

New coffee line is risky business for Golden Arches, Tribune says

(Newser) - McDonald’s may have Egg McMuffin on its face if it can't out-grind Starbucks with a new line of premium coffees, the Chicago Tribune reports. The new coffee rollout, threatened by a shaky economy, marks one of the company’s riskiest launches ever, according to analysts. As food and labor...

Slow Jan. Sales Worry Retailers
Slow Jan. Sales Worry Retailers

Slow Jan. Sales Worry Retailers

Wal-Mart misses January projections as recession concerns gain momentum

(Newser) - Winter storms and lagging gift-card redemption iced Wal-Mart’s January same-store sales growth, the retailer said, raising concerns the US is in a recession, reports the Wall Street Journal. Wal-Mart expected 2% sales growth in stores open more than a year, but saw sales bump just 0.5%. Its 1....

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