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Business Analytics

  • Employers tolerating Cyber Monday distraction

    Cyber Monday may just as well be an official holiday considering  findings of a new study that show how little work actually gets done.

  • DSW tops Q3 expectations

    Columbus, Ohio – DSW Inc. exceeded Wall Street expectations for net income and sales in the third quarter of fiscal 2014. Net income fell a less than expected 10% to $49.55 million from $54.96 million the same quarter a year earlier, with higher operating expenses and lower pretax income contributing to the decline.    Sales totaled $670 million compared to $633 million and same-store sales rose 2.6%.

  • Chico’s swings to loss in Q3

    Fort Myers, Fla. – Chico’s FAS Inc. reported a net loss of $28.5 million in the third quarter of fiscal 2014, compared to net income of $35.8 million in the third quarter of the previous fiscal year and below Wall Street predictions. Non-cash goodwill and trade name impairment charges drove Chico’s into the red.   Sales totaled $665.6 million, an increase of 1.5% compared to $655.6 million. Same-store sales dropped 1.6%.  

  • Casey’s reveals $31.5 million tax error; plans 72-108 new stores

    Ankeny, Iowa – Casey’s General Stores Inc. will revise its financial statements for fiscal years 2012, 2013 and 2014 and the first quarter of fiscal year 2015, due to a $31.5 million error in how it accounted for excise tax on sales of ethanol fuel. The retailer also stated a fiscal 2015 goal of building or acquiring 72-108 new stores and replacing 25 existing stores.

  • DSW steps up, beats Q3 expectations

    DSW Inc. exceeded Wall Street expectations for net income and sales in the third quarter.

    Net income fell a less than expected 10% to $49.5 million from $54.9 million the same quarter a year earlier, with higher operating expenses and lower pretax income contributing to the decline.

    Sales totaled $670 million compared to $633 million in the prior-year quarter and same-store sales rose 2.6%.

  • CVS Health Goes Platinum: Store uses 40% less energy, 50% less water

    By Laura Klepacki   
     On the site of a former gas station in West Haven,  Connecticut., CVS Health has unveiled its most environmentally progressive and energy efficient store so far.
    For starters, the LEED Platinum-certified drug store boasts day lighting, a landscape design that doesn’t require irrigation, super-efficient HVAC units and LED-lit coolers that light up when approached. (Platinum is the highest distinction in the Leadership in Energy and Environmental Design program.)

  • Analysis: Retail Forecast 2015

    By Phillip M. Perry New York  - Blue skies and cool breezes.  That’s the economic forecast as the calendar turns for a new year. Retailers looking to bolster revenues and profits over the next 12 months should benefit from a gradual improvement in the ability and willingness of shoppers to spend.   

  • X Team International reports $746 million in 3Q transactional volume

    Boston - X Team International, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S. and Canada, released third quarter transactional volumes totaling $746 million, bringing its year-to-date transactional volume to more than $2.24 billion.   

  • Hibbett Sports on track for 1,000 stores

    Hibbett Sports reported relatively flat third quarter same store sales, but the company achieved record new expansion and is prepared to surpass 1,000 units in 2015.

    For the third quarter, Hibbett posted profits of $16.9 million, down from $17.3 million in the prior-year quarter. The decline was mainly due to markdowns related to slow selling and aged inventory, the company said.

  • Best Buy looks strong heading into holiday

    NEW YORK - Best Buy on Thursday reported unexpectedly strong and better-than-expected profit and sales for the third quarter, gaining new momentum as it heads into the holiday shopping season.  It was the first time since the third quarter of last year that Best Buy reported positive comparable store sales.
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