Urban Outfitters Holiday Sales Up 28%
Philadelphia Urban Outfitters Inc. said Thursday its holiday sales climbed 28% compared with the prior year on strong sales across its brands. Sales for November and December rose to $356 million, with December sales up 27%.
Direct-to-consumer sales surged 39%, with strong double-digit growth across the company’s Anthropologie, Free People and Urban Outfitters brands. Free People wholesale sales gained 46%.
Anthropologie’s same-store sales for the two-month period increased 16%, while Free People same-store sales grew 17%. Urban Outfitters same-store sales rose 5%. Same-stores sales for the three brands combined climbed 9% compared with a 5% decline a year ago.
Year-to-date same-store sales increased 5%, while total sales for the period ended Dec. 31, 2007 grew 22% to $1.4 billion. Direct-to-consumer sales climbed 34%, while Free People wholesale sales increased 29%.
Urban Outfitters opened 35 new stores in the fiscal year, including 16 Urban Outfitters, 12 Anthropologie and seven Free People stores. The company anticipates opening two or three more stores in January.
Stater Bros. promotes two executives
SAN BERNARDINO, Calif. Stater Bros. Markets Monday announced the promotion of two senior executives. George Frahm has been named evp of retail operations and administration and Dennis McIntyre will assume the role of evp of marketing.
Frahm joined Stater Bros. in 1973 as a courtesy clerk, working his way through a variety of retail store and district supervision positions. In 1995 he became director of labor relations and then vp of labor relations in 1996. In 2001, he was promoted to senior vp of administration and became group senior vp of administration in March 2006. He assumed his most recent role of group senior vp of retail operations and administration in September 2006.
McIntyre joined Stater Bros. Markets in 1978 as a courtesy clerk and progressed through a variety of roles until becoming a buyer in the marketing department in 1983. In 1994, he was promoted to assistant vp of marketing and in 1999 he was promoted to vp of marketing. In 2000, McIntyre was promoted to senior vp of marketing, and he was promoted to his most recent position of group senior vp of marketing in 2002.
Jack Brown, chairman and ceo of Stater Bros. Markets stated, “George and Dennis are well-respected and valuable members of our senior management team. Their promotions reflect the leadership skills and the contributions that each has made and will continue to make to the success and growth of Stater Bros.”
Wakefern in wholesale deal with Gristedes
KEASBEY, N.J. Through an agreement with Wakefern Food, New York City-based supermarket chain Gristedes will be offering Wakefern’s ShopRite private label brand at its stores.
Gristedes will now offer ShopRite Organic products, health and beauty care and imported specialty items.
“After trying the ShopRite brand myself, I believe they are just as good if not better than national brand products,” said Charles Criscuolo, senior evp of Gristedes. “By bringing the ShopRite brand into my stores, I’m offering more variety and added value to my customers seeking high quality products at an affordable price.”