Retailer Intelligence

Overall, the number of inserts and pages declined slightly across the retailer set in June 2011 versus June 2010.

The monthly pricing survey Credit Suisse conducts at Walmart stores and various competitors in Chicago and Dallas market reveals the company continues to offer the lowest prices. That’s the good news for consumers; the bad news is Walmart, like every other company, is passing through increased product costs to shoppers.

London -- A Tuesday report by Bloomberg said that the COO of Wal-Mart’s Asda supermarket unit has quit after just six months in the position.

Bloomberg, which sourced a report in the Daily Telegraph, said that Simon King, a former head of Tesco PLC’s Turkish operations, left immediately. No successor has yet been named.

New York — Tiffany & Co. said Thursday its first-quarter profit rose 25% on higher revenue across all regions worldwide. The results beat expectations and the company raised its forecast for the year above current Wall Street estimates.

Tiffany net income rose to $81.1 million for the three months ended April 30, up from $64.4 million a year earlier.

Revenue jumped 20% to $761 million from $633.6 million last year, sharply higher than analyst predictions of $702.6 million.

Shenzhen, China — Walmart will be looking to capitalize on compelling growth prospects in China under the leadership of new senior executives following the simultaneous departure of CFO Roland Lawrence and COO Rob Cissell.

Both men left the company to pursue other development opportunities, according to Walmart, leaving leadership of Chinese business in the hands of Walmart China president and CEO Ed Chan and Wal-Mart Stores Asia president and CEO Scott Price.

Westborough, Mass. -- BJ’s Wholesale Club reported Wednesday that profit for the quarter ended April 30 rose to $33.7 million, beating its guidance range of $29.5 million to $31.5 million.

Net sales for first quarter 2011 increased 10% to $2.77 billion and same-store club sales rose 6.3%.

An increase promotional efforts in April contributed to Target’s 13.1% monthly same store sales gain, according to new data from the promotional intelligence firm Market Track.

Although revenues at Target last year increased 3.1% to nearly $67.4 billion, other big companies grew faster, and Target slipped three spots to 33rd from 30th in Fortune’s annual ranking of America’s 500 largest companies.