A discussion draft of the Online Sales Tax Simplification Act of 2016 is expected to be introduced in Congress soon.
Web sales increased 57% in November at Sharper Image, while total sales grew 33% to $56.8 million, the company reported today.
Web sales, excluding auctions, increased 57% in November at Sharper Image Corp., while total sales grew 33% to $56.8 million, the company reported today. Sharper Image continued its string of stellar monthly sales increases, with store sales growing 31% to $31.8 million, comparable store sales up 15%, catalog sales up 27% to $16.1 million, and web sales, including auctions, up 49% to $8.9 million, 15.7% of total sales.
For the first 10 months of its fiscal year, Sharper Image’s web sales excluding auctions were up 45% while web sales including auctions were up 29% to $45.4 million. Total revenue in the first 10 months grew 32% to $349.9 million. Web sales represent 13% of total sales.
Jos. A Bank Clothiers Inc. reported today that combined catalog and Internet sales grew 14% in November, while total sales were up 11.7% to $24.8 million and comparable store sales increased 3.3%.
For the first 10 months, Bank’s combined Internet and catalog sales grew 22.8% while total sales grew 14.6% to $190.3 million and comparable store sales increased 5.3%.