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Business Analytics

  • Supervalu selects LoyaltyOne solution to develop customer segmentation strategy

    Toronto -- LoyaltyOne announced that Supervalu has agreed to use its Precima customer-centric analytics solution to develop a multi-dimensional customer segmentation. The U.S. grocer expects the solution will strengthen and expand its customer-driven marketing, merchandising and operations strategies.

  • Brown Shoe narrows loss; raises outlook

    St. Louis, Mo. -- Brown Shoe Co Inc. on Tuesday  posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook.

    Brown Shoe’s quarterly loss narrowed to $2.5 million, compared with a loss of $4.6 million a year earlier.

    Revenue decreased  to $599.3 million. Same-store sales rose 3.9%.
     

  • IHL Study: Self-checkouts on the rise

    New York -- Self-checkout technology continues to rise in importance at retailers in North America, according to a new study  by IHL Group.
     
    The 2012 North American Kiosk Study finds that self-checkout shipments are increasing 8% year to year, with self-checkout transactions exceeding $255 billion annually in North America. Kooking Transactions are growing better than 7% per year in North America, and expected to grow past $1.0 trillion by 2014.
     

  • Tiffany Q2 misses; cuts profit outlook

    New York -- Tiffany & Co.'s net income in the second quarter rose 2 % to $91.8 million, up from $90 million last year. But the performance missed Wall Street's expectations and the jewelry company cut its full-year guidance, citing the tough global economy and weakness in key markets such as New York and Asia.

  • Hancock Fabrics cuts loss, improves sales in Q2

    BALDWYN, Miss. — Hancock Fabrics reported that net sales for the second quarter increased 5% to $60.5 million from $57.8 million for second quarter of last year, and comparable-store sales improved by 5%.

    Earnings per share increased by 3 cents, or $0.6 million with a net loss of $3.3 million, or 17 cents per basic share, in the second quarter of fiscal 2012 compared to a net loss of $3.9 million, or 20 cents per basic share in the second quarter of fiscal 2011.

  • Wawa saves $1.2 million in operating costs with LED system from GE

    New York -- A switch to LED lighting technology in its refrigerated coolers has resulted in combined energy and maintenance savings of more than $1 million annually for convenience store operator Wawa.

    The new technology, Immersion from GE Lighting Solutions, has been installed in Wawa’s 600 locations across the Mid-Atlantic region, and has reduced refrigerated cooler/freezer electricity and maintenance expense by a combined 78% since its adoption.

  • Rue 21 posts better-than-expected profit, but sales disappoint

    Warrendale, Pa. -- Rue 21 earned a better-than-expected $9.1 million for the quarter ended July 28, up from $7.7 million in the same quarter last year.

    Revenue rose 17% to $202.1 million, from $172.8 million. Same-store sales rose 0.5%, well below analyst expectations.

  • PacSun sees 2Q sales growth

    ANAHEIM, Calif. — Pacific Sunwear of California reported that net sales for the second quarter of fiscal 2012 ended July 28, were $210.3 million versus net sales of $200.9 million for the second quarter of fiscal 2011 ended July 30, 2011.

    On a GAAP basis, the xompany reported a loss from continuing operations of $17.5 million, or 26 cents per share, for the second quarter of fiscal 2012, compared with a loss from continuing operations of $17.5 million, or 26 cents per share, for the second quarter of fiscal 2011.

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