NEW YORK – Adverse weather conditions throughout the fiscal month made February a challenging environment for retail sales, but chain store sales peeped out from negative territory into positive the final week of the month as increased retailer promotions enticed some consumers to shop and spend.
NEW YORK – U.S. chain-store sales posted a gain of 3.5% for the fiscal month of January on a year-over-year basis, according to a tally of comparable-store sales compiled by the International Council of Shopping Centers (ICSC).
ALEXANDRIA, Va. — Last month marked the hundredth anniversary of the American gas station. While fueling stations existed before 1913 — after all, Karl Benz is credited with inventing the first gasoline-powered automobile in 1885 — fueling was far from convenient a century ago.
The owners of the hotels that participated in PKF Hospitality Research, LLC's (PKF-HR) Trends in the Hotel Industry survey paid management companies 5.0 percent more to operate their properties in 2012 than they did in 2011. This exceeds the average growth rate of 3.3 percent for all operating expenses during the same year.