Research Topic

New York City -- The District of Columbia came out on top on The U.S. Green Building Council’s 2010 list of Top 10 states for LEED-certified commercial and institutional green buildings per capita, based on the U.S. 2010 Census information. The district had 25 sq. ft. of LEED-certified space per person in 2010, followed by Nevada, with 10.92 sq. ft. per person in 2010.

The top LEED states per capita, including the District of Columbia: 

WASHINGTON -- The National Retail Federation announced that it welcomed the House of Representatives' vote to repeal a provision in last year’s healthcare reform law that would widely expand the number of IRS 1099 tax forms businesses would be required to file.

NEW YORK -- Sales at Macy’s, JCPenney and Kohl’s surpassed analysts’ estimates in February amid gradually moderating temperatures and rising consumer confidence. However, analysts warned that a late Easter and rising gasoline prices could impact sales going forward.

Confidence among U.S. consumers rose in February to the highest level in three years, according to a Thomson Reuters/University of Michigan index, as a drop in unemployment helped overcome concern over rising food and fuel costs.

New York City -- Many retailers reported better-than-expected sales in February amid milder mid-month temperatures in many parts of the country. But some warned of a weaker March due the timing of the Easter holiday. Analysts also cautioned that rising fuel prices may damper consumer spending going forward.

The Thomson Reuters Same-Store Sales Index rose 4.2% in February, topping estimates for a 3.6% increase, and also rising higher than in the year-ago period.

Cincinnati -- Kroger Co. said Thursday that its fourth-quarter net income jumped 9.2% while sales rose 7.4%. It also announced that its board authorized a $1 billion stock repurchase plan.

Net income was $278.8 million, compared with $255.4 million in the year-ago period. Quarterly revenue rose to $19.9 billion, with same-store sales up 3.8%.

Kroger offered a cautious outlook for the current year, saying rising fuel costs are likely to take a bite out of household budgets.

Thanks to the Internet, a lot of what passes for news these days is a report based on a report based on a report with few if any filters in place to verify the accuracy of information. With that qualification in mind, Bloomberg this week reported that Walmart’s market share in China declined to 7.5% in the fourth quarter of 2010 compared to 8.2% in the second quarter. The news agency said its report was based on a report in the English language Shanghai Daily newspaper whose report was based on a report from a market research company identified as CTR.

FORT WORTH, Texas -- Pier 1 Imports reported significant gains in fourth-quarter and full-year comps due to increases in average ticket, conversion and traffic. 

The company reported that comparable-store sales for the fourth quarter ended Feb. 26 increased 8.9% compared with last year’s comparable-store sales increase of 6.5% for the fourth quarter ended Feb. 27, 2010. Total sales for the quarter improved to $427 million compared with  $396 million in the year-ago quarter. 

Fort Worth, Texas -- Pier 1 Imports’ same-store sales increased rose 8.9% in the fourth quarter. The chain also offered earnings guidance for the quarter that was slightly above what Wall Street expects.

Total revenue for the quarter rose 8% to $427 million from $396 million.

For the full year, which ended Feb. 26, same-store were up 10.9% while total revenue rose to $1.4 billion from just under $1.3 billion.