All Artwork ©SEPS
Summer is Almost Here!
Retail sales for April 2016 showed an increase of 1.3% over March and 3% over April 2015. The big retail sector winners for the month were Building Materials and Garden posting a 8.2% increase and Sporting Goods and Hobby increasing 4.2% over April 2015. Shares of Macy’s, Gap, Nordstrom, Kohls and JC Penney’s all tanked due to dismal earnings and a consumer shift to on-line sales. Amazon sales showed an increased 2.1% in April and is currently trading at a all time high. The shift to online purchasing is not going to change and the traditional way of doing business through brick and mortar stores continues to evaporate. These retailers will have to figure out how to be stronger in this space to survive.
We are very pleased with their product execution by Springs Creative and retail placement.
This national promotion was featured in thousands of retail grocers around the country as well as a online offering through our licensee Art.com. We are pleased with the nomination and recognition. We will be competing against Coke, Universal Studios, Marvel and Star Wars to name a few…Wish us luck!
Mike Waldner | Director of Licensing