Skip to main content

Business Analytics

  • Lowe’s Q1 profit falls 5.7% as sales drop; cuts outlook

    Mooresville, N.C. -- Lowe's Cos. said Monday its first-quarter profit fell 6%, due in part by bad weather and difficult economic conditions. The chain cut its full-year outlook.

    Lowe's reported net income of $461 million for the three months ended April 29, down from $489 million a year earlier. Its results missed estimates. Revenue fell 2% to $12.19 billion. Same-store sales were down 3.3%.

  • J.C. Penny Q1 profit up 6.7%; raises outlook

    Plano, Texas -- J.C. Penney Co. reported Monday that its first-quarter net income rose 6.7% amid cost-cutting and improved sales. The department store chain also raised its full-year earnings profit guidance.

    The company on Monday reported net income of $64 million for the three months ended April 30, up from $60 million in the same period last year.

  • ComScore: Q1 online sales up 12% to $38 billion

    Reston, Va. -- Online U.S. retail spending reached $38.0 billion for the first quarter, up 12% versus year ago, according to comScore. It marked the sixth consecutive quarter of positive year-over-year growth and second consecutive quarter of double-digit growth rates.

  • College students to get schooled in retail marketing

    SAN FRANCISCO and DULUTH, Minn. — DemandTec, an optimization network for retailers and consumer products companies, announced that it has partnered with the Labovitz School of Business & Economics at the University of Minnesota Duluth to support the university's new program training students with skills for careers in the retail and consumer products industries.

  • CVS publishes Corporate Social Responsibility Report

    Woonsocket, R.I. -- CVS Caremark released its 2010 Corporate Social Responsibility (CSR) Report, which provides an overview of the company's commitments to environmental stewardship, improving patient health outcomes, ensuring its continued status as an employer of choice, and positively impacting people's lives through its social investments.

  • Unemployment rises back up to 9%

    NEW YORK —The unemployment rate in April edged up to 9.0%, compared with 8.8% in March 2011.

    Construction employment was about unchanged in April, according to Friday's report from the Bureau of Labor Statistics. This industry has shown little net movement since early 2010, after having fallen sharply during the prior three years.

    Overall, the economy added 244,000 jobs in April, a higher gain than anticipated by analysts.

  • What's in a brand?

    BrandZ has released its list of the most valuable retail brands, and Target came in at number 5 out of 20 companies listed. According to the report, Target earned its spot by expanding its food selection and repositioning itself as a low-price leader and thereby countering the perception of it being a trendier, albeit pricier store than its competitors.

    Out of the 100 global brands (including both retail and non-retail companies), Target came in at number 65.

  • Business Intelligence Report

    Find out how an integrated analytics model is driving retail success.

    View Now
     

  • Kronos Retail Labor Index: Hiring on the rise

    Chelmsford, Mass. -- Retail hiring is on the rise, according to the May report of the Kronos Retail Labor Index, a family of metrics and indices that analyze the relationship between the demand and supply sides of the labor market within the U.S. retail sector.

  • Unemployment rises back up to 9.0%

    New York City -- The unemployment rate in April edged up to 9.0%, compared with 8.8% in March 2011.

    Construction employment was about unchanged in April, according to Friday's report from the Bureau of Labor Statistics. This industry has shown little net movement since early 2010, after having fallen sharply during the prior three years.

    Overall, the economy added 244,000 jobs in April, a higher gain than anticipated by analysts.

X
This ad will auto-close in 10 seconds