×
28 056
Fashion Jobs
CENTRIC BRANDS
Manager, Production - Denim (Joe's Jeans And Hudson Jeans)
Permanent · Los Angeles
LANE BRYANT
Part Time Sales Manager
Permanent · Gloucester Township
SALLY BEAUTY CORPORATE
District Manager
Permanent · Sacramento
ROSS STORES
Store Protection Specialist
Permanent · Las Vegas
ROSS STORES
Store Protection Specialist
Permanent · Los Angeles
ROSS STORES
Store Protection Specialist
Permanent · Los Angeles
COTY
Assistant Marketing Manager, us Marc Jacobs Fragrance
Permanent · New York
NORDSTROM
Loss Prevention Security Ambassador Bellevue
Permanent · Bellevue
NORDSTROM
Loss Prevention Agent Aventura
Permanent · Aventura
NORDSTROM
Loss Prevention Security Ambassador Nordstrom Northshore
Permanent · Peabody
NORDSTROM INC
sr Maintenance Manager - Riverside, ca
Permanent · Riverside
NORDSTROM
Loss Prevention Security Ambassador Oakbrook
Permanent · Oak Brook
NORDSTROM
Loss Prevention Agent Oakridge Rack
Permanent · San Jose
NORDSTROM
Loss Prevention Agent Southcenter
Permanent · Tukwila
NORDSTROM
Loss Prevention Agent Chicago Maxwell Rack
Permanent · Chicago
NORDSTROM
Loss Prevention Agent Mission Valley Rack
Permanent · San Diego
NORDSTROM
Loss Prevention Security Ambassador Last Chance Phoenix
Permanent · Phoenix
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Wesley Chapel
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Colorado Springs
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Anchorage
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Wappingers Falls
KOHLS
Full-Time Loss Prevention Officer
Permanent · Las Vegas
Published
Aug 5, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Battered Express is upbeat as online sales climbed last month

Published
Aug 5, 2020

US-based fashion retailer Express Inc said on Tuesday that it has seen a “second consecutive month of positive e-commerce demand coupled with the apparent stabilisation in store sales and traffic”.



This leads it to believe that its “new product vision and brand positioning are resonating with customers,” and its CEO Tim Baxter said he expects the “comparable sales trend to improve as we resume flowing new receipts over the next several weeks”.

Although sales are still down significantly, July was a ‘good’ month for the firm given the current challenging circumstances. And it said that while the industry remains pressured by pandemic headwinds and their impact on consumer confidence, it's “encouraged by these results, and now estimates second quarter comparable sales to be down 24% and net sales to be down 48% on a year-over-year basis”.

On reopening its stores following closures due to the pandemic, the company saw “consistent acceleration in sales and traffic through the third week of June, but then a deceleration as new hotspots emerged in several states. This was further impacted by prolonged closures in New York and the re-closing of a number of stores in California”.
 
However, as mentioned, store sales and traffic appear to have stabilised last month with total comparable sales, including e-tail, down around 20% for the month. This result was boosted by online sales growth where demand switched from -35% in early May to +25% for the back half of July. 

These numbers were also enhanced by new products in the assortment, the completion of its e-commerce re-platform, and the implementation of both ship from store and buy-online-pick-up-in-store capabilities in over half of its retail locations.

Copyright © 2021 FashionNetwork.com All rights reserved.