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Business Analytics

  • Dunkin’ Brands to open 400-plus U.S. stores in 2015

    Canton, Mass. - Dunkin' Brands Group Inc., the parent company of Dunkin' Donuts and Baskin-Robbins, plans to add between 410 and 440 net new U.S. Dunkin’ Donuts restaurants five to 10 net new Baskin-Robbins U.S. restaurants in 2015. Globally, the company expects to open between 615 and 750 net new units in the coming year.  
  • Rite Aid boosts guidance after healthy Q3

    Rite Aid is raising its guidance for 2015 after a big jump in same store sales lifted the company in the third quarter.

    The company reported third-quarter revenues of $6.7 billion, an increase of 5.3%, driven primarily by same-store sales. Same-store sales for the quarter ended Nov. 29 were up 5.4% overall, including a 1.6% lift in front-end same store sales and a 7.2% increase in pharmacy same store sales.

  • comScore: Holiday online spending up 15% to date

    RESTON, Va. - Retail e-commerce spending from desktop computers for the first 44 days of the November-December 2014 holiday season totaled $42.5 billion, up 15% versus the corresponding days last year. According to comScore.  
  • Report: The Pantry readies for sale

    Cary, N.C. – Things are hopping at convenience store/gas station chain The Pantry Inc. According to the Wall Street Journal, the operator of Kangaroo Express and other convenience store banners is preparing to sell itself and already took bids in an auction run by a private investment bank the week of Dec. 8.  
  • Domino’s manages real estate with AMTdirect

    Ann Arbor, Mich. - Domino's Pizza has selected and implemented AMTdirect to manage its corporate real estate portfolio. The cloud platform has allowed Domino's to centralize real estate information and track revenue, sales and expenses across locations.   
  • Phillips Edison names VP of tax

    Cincinnati – Retail real estate services provider Phillips Edison & Company has named Thomas L. Drake, CPA to the role of VP of tax. In his new role, Drake will be responsible for leading all aspects of the tax functions for the organization.  
  • Marketplaces outstrip digital growth in November

    Online sales at third party marketplaces grew faster than the overall industry, according to cloud-based e-commerce solutions provider ChannelAdvisor.

    The digital measurement firm reports that November was a mixed month for e-commerce channels. But Amazon, Google Shopping and Other 3PMs (third party marketplaces) grew materially faster than the 16% e-commerce baseline growth rate comScore had predicted.

    Specifically, ChannelAdvisor reports:

  • Fitch Ratings: RadioShack’s cost-cutting not likely to prevent debt restructruing

    NEW YORK--(BUSINESS WIRE)--Fitch Ratings believes that the massive cost cutting plan outlined today by RadioShack is likely not sufficient to forestall a restructuring of the company's debt in the near term. Fitch currently rates RadioShack Corporation's (RadioShack) Long-term Issuer Default Rating (IDR) 'C'. A full list of ratings is shown below.  
  • Sherwin-Williams boosts '15 outlook

    On the heels of announcing a new partnership with Lowe's and HGTV, Sherwin-Williams Co. is predicting healthy sales growth for this year and next year. For the full year 2014, the company expects consolidated net sales to increase approximately 9% compared with full year 2013.

  • Report: Wal-Mart China hid real performance, inflated sales

    New York - Wal-Mart Stores Inc. has reportedly discovered discrepancies in accounting practices its China business was using that made performance look better than it really was. According to Bloomberg, shifty accounting practices included making unauthorized bulk sales to other retailers and even booking non-existent sales. 

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