Skip to main content

Sales & Marketing

  • Q4, fiscal-year comps up for Publix

    LAKELAND, Fla. — Publix on Tuesday disclosed a 4.4% increase in its fourth-quarter sales, reaching $6.4 billion, while comparable-store sales for quarter also rose 3.2%.

    Net earnings for the retailer totaled $342.1 million, compared with $284.2 million in the year-ago period, an increase of 20.4%. Earnings per share for the fourth quarter increased to 44 cents for 2010, up from 36 cents per share in 2009.

  • Target had advantage in Kantar Retail’s pricing survey

    New York City -- While Walmart and Target continue to closely contend on price, Target’s basket price came in less expensive in the latest semi-annual pricing study by Kantar Retail.

    “Walmart’s price positioning reveals that it has largely returned to a blanket EDLP approach, while Target’s TPC positioning is centered on price promotions to drive guests’ impressions and achieve actual basket price leadership,” said Leon Nicholas, senior VP of Retail Insights for Kantar Retail and contributor to the study. 

  • BJ’s Q4 earnings fall on store closing cost

    Westborough, Mass. -- BJ's Wholesale Club's fiscal fourth-quarter net income fell 81% on a one-time $41.1 million charge related to store closings, restructuring and asset impairment. But its adjusted earnings beat expectations.

    The wholesale club operator earned $10.2 million for the quarter, compared with $54.5 million a year ago.

    Net sales for the fourth quarter ended Jan. 29, increased by 7.4% to $2.90 billion, and comparable club sales increased by 3.8%, including a contribution from sales of gasoline of 2.1%.

  • PBR Baltimore and Baltimore Comedy Factory opening at Power Plant Live!

    Baltimore -- Power Plant Live! and The Cordish Cos. announced that entertainment concepts PBR Baltimore and The Baltimore Comedy Factory will host grand openings the first two weekends in March.

    These latest downtown destinations join the recently opened Tatu Asian Grill in what will be a series of high-profile additions to Power Plant Live!, part of a multi-million dollar renovation and expansion of the project (going on its 12th year of operations).

  • Pet chain fetches solid sales

    Profits at the nation’s largest pet specialty chain surged 26% during the fourth quarter as same-store sales advanced 6.3% and total sales grew 8.1% to $1.5 billion.

    “Our third consecutive quarter of accelerating comparable transactions growth as well as a strong holiday performance led to better-than-expected results for the quarter,” said PetSmart president and CEO Bob Moran.

  • Urban Outfitters to open at Notre Dame

    South Bend, Ind. -- Indianapolis-based Kite Realty Group announced that Urban Outfitters will open at Eddy Street Commons at Notre Dame in South Bend, Ind.

    The retailer has leased 8,627 sq. ft. and is part of a newly developed mixed-use development that consists of a large book store, hotel, several unique restaurants and other apparel stores.

    Urban Outfitters is scheduled to open late this summer.

  • AutoZone powers through difficult economy

    MEMPHIS, Tenn. -- The nation’s largest automotive parts retailer announced another quarter of record results in which earnings per share advanced nearly 36% to $3.34 on same-store sales that grew 7.1% for the quarter ended Feb.12.

  • Report: Retailers’ expansion plans up 40% over last year

    New York City -- Retailer demand for new locations is up across the board, according to ChainLinks Retail Advisors’ just-released National Retailer and Restaurant Expansion Guide. The report details the current expansion plans for hundreds of the largest U.S. retail and restaurant chains.

X
This ad will auto-close in 10 seconds