The Daily Dose: A Steaming Pile of Retail


Brian Sozzi

 | Jul 11, 2014 | 12:00 PM EDT
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June same-store sales data, released Thursday, was a heaping pile of ugliness in the context of an improving labor market -- and retailers continue to be promote around the clock, both in-store and online. Note that Internet-based sales are making the same-store-sales metric outdated, except for those that include online sales in their "comp."

In any case, of the eight retailers still reporting these increasingly relevant numbers, only Zumiez (ZUMZ) managed to hike guidance. Come to think of it, the Zumiez numbers were rather strong -- considering the hyper-competitive specialty-apparel market, I have no idea how it managed to log increases in average transaction value and average unit retail prices....422 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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