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Business Analytics

  • Convenience chain eases data management

    West Des Moines, Iowa - Midwestern convenience retailer Kum & Go is streamlining the coming and going of data.

    The chain has selected G.O.L.D. Space Optimization software with centralized data management from Symphony EYC to simplify the merchandising process across its stores.

  • Gap has one bright spot in August

    San Francisco -- Gap Inc.’s sales slump continued in August across all its brands with one notable exception. The retailer said that it wasn’t helped by a late Labor Day, with the holiday falling in September this year, as opposed to August last year.

    Gap's global same-store sales fell 8%, compared to a 6% decrease for the year prior, while Banana Republic had a 11% drop compared to 6% last year. Old Navy continued its winning streak, with a same-store sales rose 6% on top of a 2% increase for the prior year.

  • Soft pharmacy sales drag on Rite Aid

    Prescription counts decreased a little and pharmacy same-store sales were up in August, according to numbers reported by Rite Aid Thursday.

  • Landslide for Lands’ End

    Dodgeville, Wis. – The second quarter was nothing short of a fiscal landslide for Lands’ End as the specialty retailer posted its third straight disappointing quarter. Revenue fell 10% and profit was down by more than a third.

    “The results that we are sharing today do not represent the true potential of our company,” Federica Marchionni, president and CEO, told analysts during a conference call.

  • Dollar Tree merger good for sales, but related costs hammer earnings

    Chesapeake, Va. -- Dollar Tree swung to a loss in its second quarter on higher integration costs related to its acquisition of a formal rival. But its revenue skyrocketed as a result of the merger.

    On July 6, Dollar Tree completed its $9 billion acquisition of Family Dollar Inc.

  • Destination Maternity swings to loss in tough Q2

    Moorestown, N.J. – Destination Maternity Corp. swung to a loss in a generally difficult second quarter of fiscal 2015.

    Costs related to store closures and headquarters relocation helped drive the retailer to a net loss of $2.68 million from net income of $321,000 a year earlier.

  • Ulta roars ahead in Q2; on track to open 100 stores and launch TV advertising

    Bolingbrook, Ill. -- Fast-growing Ulta Beauty shows no signs of losing its momentum as the specialty retailer reported better than-expected results for the second quarter and raised its guidance.

    On its quarterly earnings call, Ulta said it will launch a national television advertising campaign.

    Ulta’s net profits increased 8.5% to $74.2 million, from $60.8 million in the year-ago period, helped by an improved online assortment and less overall discounting.

  • Lack of hit books hits Books-A-Million

    Birmingham, Ala. – Books-A-Million needs more best-sellers.

    A lack of hit books hit fiscal results of Books-A-Million Inc. during the second quarter of fiscal 2015. Net loss grew to $5.8 million from $3 million the same quarter a year earlier, with costs and expenses rising or staying flat in the face of slipping revenues.

    Net sales dipped to $107.9 million, from $108.3 million. Same-store sales dropped 0.3%.

  • Big changes and growth for Big Lots

    The turnaround plan at Big Lots, which is helping the retailer grow profit and same store sales, is also prompting some management changes.

    For the second quarter ended Aug. 1,  same store sales increased 2.8%. Net sales increased 1.2% to $1,209.7 million. Big Lots reported a profit of $17.6 million, or 34 cents a share, down from $19.9 million, or 36 cents, a year earlier. Excluding certain items, per-share profit rose to 40 cents from 31 cents. Revenue edged 1.2% higher to $1.21 billion.

  • Destination Xl sees more room for expansion

    Specialty men’s retailer Destination XL Inc. reported Thursday that it shrank its net loss in the second quarter.

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