Spiegel, Talbots Cite Lower Sales

Share this content:
Spiegel Inc. and Talbots Inc. reported lower March sales and pointed to this year's later Easter as a possible cause. Spiegel, Downers Grove, IL, reported a 5 percent decrease in total net sales to $221.1 million, from $232.3 million, for the five weeks ended April 4. For the 13 weeks ended April 4, total sales were down 6 percent to $553.1 million, from $569.8 million in last year's first quarter. Comparable store sales decreased 10 percent for both the five-week and 13-week periods ended April 4. Talbots, Hingham, MA, reported that total sales were slightly lower at $111.3 million for the five weeks ending April 4, compared with $111.6 million for the same period last year. Comparable store sales were down 5.9 percent for the month. In addition to the late Easter, the company pushed its midseason sale back a week. Last year's pre-Easter sales week ended March 29 and this year's ended April 11.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above