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Business Analytics

  • Pizza Hut installs Entouch energy management systems

    Plano, Texas – Pizza Hut Inc. is deploying energy management systems from Entouch Controls at 500 corporate stores. The company plans to recommend the Entouch technology to its 5,800 franchised stores, as well.

  • Kohl’s has flat Q2; plans four new stores

    Menomonee Falls, Wis. – Kohl’s Corp. had a relatively flat second quarter of fiscal 2014 compared to the same period the previous year. Net income slightly rose to $232 million from $231 million, while sales fell 1% to $4.24 billion from $4.28 billion.

    Same-store sales dropped 1.1%, although Kohl’s said they turned positive in July. Kohl’s plans to open four new stores in fall 2014, including one store which was temporarily closed in the first quarter for a complete re-build.

     

  • Kohl’s optimistic on BTS after weak 2Q

    Kohl’s exceeded analysts’ profit expectations in the second quarter, but it wasn’t due to top line strength and now the company has a lot riding on the back-to-school season.

  • Advance Auto winning in hot retail sector

    Advance Auto Parts demonstrated strength in its second quarter performance in one of the retail industry’s hottest sectors.

  • Rebound for real at JCP

    Same store sales growth of 6% and e-commerce strength helped J.C. Penney dramatically reduce its second quarter operating loss and demonstrate growing momentum of its turnaround.

    Sales at the operator of 1,060 stores increased to $2.8 billion from $2.66 billion and the 6% comp increase the company reported was against an easy prior year comparison when comps declined 11.5%. Online sales through jcp.com were $249 million for the quarter, up 16.7 % versus the same period last year.

  • Metro has medium Q3 growth

    Montreal – Canadian grocery retailer Metro Inc. reported medium results for its third quarter fiscal 2014. Net earnings for third quarter 2014 were $144.5 million, an increase of 0.1% from net earnings of $144.4 million for the same quarter of 2013.

  • Ace Hardware second-quarter results paint a nice picture

    With heavy investment in its Paint Studio and a corresponding media blitz to promote it, wholesale sales at Ace Hardware Corp. jumped double digits in the second quarter.

  • Macy’s optimistic about omnichannel ahead of holidays

    Macy’s tempered its full year sales forecast after solid second quarter results and growing optimism around omnichannel initiatives weren’t enough to offset a slow start to the year.

    Macy’s said sales increased 3.3% to $6.267 billion and same store sales increased 4% during the second quarter ended August 2. Excluding sales in departments licensed to third parties same store sales increase 3.4%. Profits increased to $292 million, or 80 cents a share, from $281 million, or 72 cents a share.

  • RetailNext: July shopping trends show some improvement

    San Jose, California – U.S. shopping trends showed some improvement in July 2014, although not all metrics experienced positive change, compared to the same month a year earlier. According to the RetailNext Insights Report of more than 13 million shopping trips in July 2014, sales per shopper increased 3.5% from July 2013.

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