COH - 88% of Coach Stores Say Sales and Foot Traffic Consistent Despite Flagging Economy
In our latest poll, TickerMine surveyed Coach stores nationwide and found that 88% reported consistent store sales patterns and foot traffic over the last six to ten weeks, despite the weakening economy. Only 8% of stores said they'd seen softening in sales or foot traffic. Thirty-six percent of stores have run recent promotions on handbags, wallets, or footwear. Fifty-eight percent of stores surveyed said there has been a lot of recent customer interest in new products including the Madison collection, a new perfume, or footwear. Thirty-three percent of stores have noticed more window shoppers than average over the last six to ten weeks.