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Sales & Marketing

  • Profit rises 14% at Children's Place in Q4

    The Children's Place posted strong same-store sales for the fourth quarter as the children’s clothes retailer also released an upbeat forecast for the year.

    For the fourth quarter ended Jan. 30, net sales increased 4% to $498.5 million. Same store sales increased 6.7%. Net income was $17.5 million, or 87 cents per diluted share, in the fourth quarter of 2015, compared to net income of $17 million, or 79 cents per diluted share, the previous year.

  • Instacart plays the field

    Online delivery service Instacart may be deepening its relationship with organic grocer Whole Foods, but is still keeping its options open.

    Instacart is now delivering goods from Landover, Maryland-based supermarket chain Giant Food to Washington, D.C., residents. Responding to customer requests, Giant is now offering home delivery via Instacart in as little as an hour to customers throughout Washington, D.C.

  • What CPG companies need to win online

    As the notion of channel conflict subsides, consumer packaged goods companies who don’t elevate their digital game are playing to lose and a new study from a two industry leaders shows just how much.

  • DSW is edging closer to 500-store mark

    DSW Inc. says strong sales in the fourth quarter show that its growth strategy is working, and the retailer says it plans to open at least 34 new stores this year.

    For the fourth quarter ended Jan. 30, the company reported a profit of $11.8 million, or 14 cents a share, down from $30.8 million, or 34 cents a share, a year earlier. Revenue rose 5% to $672 million. Same-store sales increased 0.7%.

  • Albertsons partners with IRI on technology

    Albertsons, the second largest grocery chain in the United States, has selected a new partner for point-of-sale data, consumer panel insights and strategic growth initiatives to support joint business collaboration.

  • Tech retailer pursues ‘broken’ opportunity with more stores

    American’s dependence on their devices – and their tendency to break – has given rise to a new breed of retailer that promises to get its customer back in the digital game fast.

    Carmel, Indiana-based uBreakiFix is on the move again in its home state with another new location in the Indianapolis market, its fourth in the area. UBreakiFix currently operates more than 170 stores after opening 63 locations last year. The fast-growing company expects to have 275 stores across North American by next year.

  • Weis Markets posts annual sales increase of 3.6% to $2.9 billion

    Weis Markets last week announced that its fourth quarter sales increased 2.8% to $734.1 million while its comparable store sales increased 2.8%, compared to the same period a year ago.

  • How retailers can win with omnichannel returns

    Customers’ heightened expectations for a seamless experience are creating new profit pressures for retailers, including coping with increased return volumes. Shedding light on the new supply chain challenges associated with executing an omnichannel strategy is a new series of whitepapers from reverse logistics leader Genco. Learn more.

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