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Retail Survey Report: Kate Spade, Bed, Bath and Beyond, Maggiano's Little Italy, Peets Coffee
Sectors: Consumer Staples
, Retail/Wholesale
Symbols: BBBY, EAT, LIZ, PEET
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49% of Retailers See Increased Sales for Kate Spade Clothing, Shoes
Forty-nine percent of department stores that carry Kate Spade clothing
or shoes say sales are increasing, according to TickerMine's latest
poll. Forty-five percent of retailers surveyed said sales have remained
consistent, and only six percent said sales are decreasing. Stores
polled included retail giants Bloomingdale's, Macy's, Neiman Marcus,
and Saks Fifth Avenue. Seventy-seven percent of stores surveyed carry
Kate Spade clothing; 83% carry the line's shoes. Retailers reported
that Kate Spade items are "good quality" and "stylish and popular."
Only 17% of respondents are planning a clearance sale for Kate Spade
items.
79% of Bed, Bath and Beyond's Stores Sell the Same Stuff from Previous Years
Bed, Bath and Beyond, the US’s largest home furnishing retailer, was
surveyed this week after reports that store sales had increased by 0.8
percent in the quarter. Respondents at 34 stores around the country
were asked whether their most popular selling items matched those from
last year, if there were many spring and summer items in stock, what
are their best selling items and is business up or down from a year
ago? 27 respondents or 79% of those polled said their hot items this
year were just the same as previous years. Seven people or 21% of those
polled said new items were integrated each year. Fourteen people or 41%
of the poll said that business was up from a year ago. Ten people or
29% said business had slumped, while nine people or 26% said nothing
had changed. Two people or six percent said they were lacking summer
and spring items, but 96% of those polled said they had plenty in
stock. Consequently, seven people, or 21% said that summery items were
selling best. Bedding also scored well (six people or 18%). Who would
have thought that the Banzai Aqua Blast Volleyball n Limbo would elicit
two mentions (6%) , as would the Beer Dispenser and Cooler. And 29
people or 88% of those polled said that, yes, indeed they do match
their competitor's prices. Four people or 12% said they don’t.
Most Maggiano's Little Italy Restaurants are No Busier than Last Year
We surveyed Maggiano’s Little Italy, the restaurant chain owned by
Brinker International, Inc. this week. This was after analysts raised
its ticker to “neutral” from “sell.” Respondents were asked if their
lunch or dinner shift was busiest? What attracted their clientele, what
were the most popular menu items on the menu, how much did the average
party of two spend and was business up or down from year ago? 22
locations were interviewed. Lunch must be dead at this restaurant
chain, because only one respondent or 4% of the poll reported lunch as
their busiest shift. The remaining 96% reported this to be dinner. The
menu is attracting their customers according to eight respondents or
36% of the poll.
 
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