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Business Analytics

  • Next phase of growth takes shape at Spanx

    Spanx, one of the hottest brands in retail, named finance executive Dan Glennon to the new role of COO and CFO to help drive growth at the leading shapewear brand.

    Glennon will lead the cross functional teams of global finance, legal, information technology, sourcing, manufacturing and planning as well as data and analytics. He will report directly to Spanx CEO Jan Singer.

  • Newk’s Eatery launches online ordering

    Jackson, Miss. –- Newk’s Eatery’s is launching a new online ordering platform. After the mid-November debut of Newk’s online ordering program, to be implemented nationwide by year’s end, online customers will be able to pick up orders at Newk’s “Grab N’ Go” takeout entrances.    

  • Kohl's profit slides 20% on weak same-store sales

    Menomonee Falls, Wis. -- Kohl’s Corp. reported a 20% decline in 3Q profit, missing Wall Street estimates, as the retailer continues to be challenged by drops in store traffic and weak sales.

     

  • JCP turnaround in holiday homestretch

    J.C. Penney is in the final phase of its turnaround and the company’s stores are customers’ preferred destination for great style, quality and value, according to company CEO Mike Ullman.

    Those comments came after J.C. Penney said its third quarter same store sales were flat and it forecast a fourth quarter comp increase of 2% to 4%. Total sales in the quarter ended Nov. 1 declined slightly to $2.76 billion from $2.78 billion.

  • Kohl’s misses earnings estimates

    Kohl’s is heading into the holidays with a loss of momentum after third quarter same store sales declined 1.8% and the company missed analysts’ earnings estimate by four cents.

    The third quarter comp decrease of 1.8% was on top of a prior year decline of 1.6%. Total sales at the operator of 1,163 stores declined slightly to $4.37 billion from $4.44 billion. Net income declined to $142 million, or 70 cents a share, from $177 million, or 81 cents a share.

  • JCPenney narrows loss, sales unexpectedly fall

    Plano, Texas -– Amid restrained consumer spending and warmer weather that dulled sales of seasonal merchandise, JCPenney Co. Inc. managed to shrink its third quarter net loss more than Wall Street expected in the third quarter of fiscal 2014, but missed projections with weaker-than-expected net sales.  

  • Study: Amazon doubles overall e-commerce same-store sales in Oct.

    Morrisville, N.C. --  Amazon.com’s same-store increase rate dropped from September to October 2013, but still more than doubled the same-store sales growth rate of overall e-commerce. According to data from cloud-based e-commerce solutions provider ChannelAdvisor, Amazon's October same-store sales came in at 32.4%, a decrease compared to August's 37.9%.  

  • Kronos to release gamification feature in Workforce Central suite

  • Kronos to release gamification feature in Workforce Central suite

  • Retail vacancy rate in central New Jersey at six-year low

    Old Bridge, N.J. -- An improved picture in both ‘big-box’ and smaller store spaces combined to push the retail vacancy rate along central New Jersey’s major shopping corridors to a six-year low of 7.6% from 9.8% in 2013, according to the latest study by R.J. Brunelli & Co. Looking back over the past 10 years, the 2014 figure compared with the high of 10.5% in 2011 and low of 3.4% in 2006.  
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