Research Topic

CINCINNATI — Dunnhumby Ltd.,an analyzer of brand value for consumer goods and retail companies, has hired Lung Huang, formerly of Arbitron, as VP digital advertising for global partnerships. In this newly created role, Huang will lead the company’s efforts to expand their integrated suite of solutions across media - both offline (traditional TV and print) and digital (online, mobile, social), across the globe. He will be based in New York City.

Total U.S. Shopper Traffic in Retail Stores and Malls for February 2013

An unexpected decrease in shopper traffic around Valentine’s Day and Presidents Day led to an overall slower retail performance for the month of February.

Retail foot traffic for February decreased 5.4% compared with January 2013, departing from the positive year-over-year retail traffic trends seen in recent months. Foot traffic for February 2013 decreased 6.4% compared with the same month last year. 

LISLE, ILLINOIS — The Numerical Algorithms Group, Ltd., a provider of mathematical software components to industry and other organizations, has named Ken Kubat to the board of directors of its North American subsidiary NAG, Inc. The appointment is effective immediately.

ISSAQUAH, Wash. — Costco reported net sales of $7.58 billion for the month of February, an increase of 8% from $7.01 billion during the similar period last year.

For the twenty-six weeks ended March 3, 2013, the company reported net sales of $51.35 billion, an increase of 9% from $47.22 billion during the similar period last year.

Excluding the impact of fuel, Costco's total comps for the four-week period were up 6%. For the 26-week period, comps were up 5%.

PARSIPPANY, N.J. — Birds Eye, a brand of Pinnacle Foods, was invited to share its successful strategy for getting youth to eat their vegetables at the Partnership for a Healthier America's (PHA) 2013 Building a Healthier Future Summit this week, at a time when childhood obesity experts are looking for new approaches and new options to tackle this complex issue.

Arlington, Va. -- Sustainability teams in retail companies are growing, and reporting levels are gaining seniority, according to a new survey by the Retail Industry Leaders Association.

The report, RILA’s second Retail Sustainability Report, was done in sponsorship with Ernst & Young, The survey uncovered six significant trends, specifically that:

1. Sustainability teams are growing. Most companies surveyed have full-time sustainability teams. Teams are growing, and reporting levels are gaining seniority.

New York -- Gap Inc. said Thursday that its February same-store sales rose a better-than-expected 3% for the four weeks ended Feb. 25. Analysts expected a 2% increase.
   
The chain was due to release the sales figures after the market closed, but put them out at midday after they were found in a leaked transcript of prerecorded comments.

By division, same-store sales rose 2% at Gap and 6% at Old Navy. They fell 5% at Banana Republic.

Phoenix -- PetSmart Inc. reported a 31% increase in its fiscal fourth-quarter profit, helped by an extra week of sales. But its forecast for this year disappointed investors.

The company earned $134 million for the quarter ended Feb. 3, up from $102 million in the year-ago period.

Revenue rose 15% to $1.88 billion from $1.64 billion, helped by an extra week of sales in the more recent quarter. Same-store sales rose 4.6%.

For the full year, PetSmart’s revenue rose 11% to $6.8 billion.

New York -- Award results released Wednesday by international think-tank Ethisphere Institute listed Whole Foods, OfficeMax and Target among the World’ Most Ethical Companies.

The institute reviewed nominations from companies in more than 100 countries and 36 industries. Selection is based on a review of codes of ethics; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.

Washington, D.C. -- A report released Tuesday by the National Retail Federation said that spending for St. Patrick’s Day is expected to grow to $4.7 billion, as celebrants invest an average of $35.27 on green attire, St. Patrick’s Day décor and holiday food and drink.

According to NRF’s St. Patrick’s Day Spending Survey conducted by BIGinsight, 84.2% of consumers will celebrate by wearing green. An additional 23.3% will decorate their home or office, and 34.6% will make a special dinner.