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Business Analytics

  • Publix cuts grocery bag use by 2 billion

    Lakeland, Fla. — Publix has achieved the eco milestone of saving more than 2 billion grocery bags since mid 2007. The company said it achieved this goal by training front service clerks and cashiers to increase the number of items per bag, implementing bag reduction goals for each store, holding communication campaigns to encourage the use of reusable bags and donating reusable bags to non-profits and partner organizations throughout the Southeast.

  • GameStop releases early comps, results not good

    GRAPEVINE, Texas — Ahead of releasing its first quarter results, GameStop said earnings for the quarter were 54 cents per share and that same-store sales fell 12.5%. According to the company, this drop in same-store sales is due to light demand for “AAA” game launches and slower than expected store traffic during the quarter.

    The company has reaffirmed its full year earnings per share guidance of $3.10 to $3.30. 

  • Kohl's earnings slip, comps up in Q1

    MENOMONEE FALLS, Wis. — Despite dropping from the previous year, Kohl's said its net income for the first quarter ended April 28 was in line with its expectations. The company reported net income of $154 million (63 cents per diluted share) compared with $201 million ($0.69 per diluted share) a year ago. Net sales were $4.2 billion, an increase of 1.9%for the quarter. Comparable-store sales for the quarter increased 0.2 percent.

  • Stater Bros. sees Q2 sales rise

    SAN BERNARDINO, Calif. — Stater Bros. reported its second-quarter results for the period ended March 25.

    The retailer's consolidated sales for the quarter rose nearly 2.7% to $937.7 million, compared with the year-ago period, while same-store sales also rose nearly 2.7%. Second-quarter net income totaled $16.4 million, compared with $9.3 million for second quarter of the prior year.

  • New Jersey-area malls go solar

    Chicago-based General Growth Properties is taking steps toward reducing the carbon footprint of four New Jersey-area malls by outfitting them with state-of-the-art solar panels.

    Bridgewater Commons (shown here), Paramus Park, Willowbrook Mall and Woodbridge Center will in total be equipped with 20,000 5.1 megawatt panels that will provide an estimated 12% of the properties’ energy needs.

  • Online sales give Macy's a big boost in Q1

    CINCINNATI — Macy's Inc. reported a significant increase in sales for the first quarter, thanks to a strong performance in its online business. The company reported that total sales for the quarter increased 4.3% to $6.1 billion. Online sales for the quarter increased 33.7% and contributed 1.5 percentage points to the company's same-store sales increase of 4.4% for the period.

    Macy's Inc. reported an earnings increase of 43% to 43 cents per diluted share, compared with 30 cents per diluted share in the same period last year.

  • McDonald's sees global comps rise 3.3% in April

    Oak Brook, Ill. -- McDonald’s Corp. said Tuesday that same-store sales on the global front rose 3.3% in April, led by European results (up 3.5%) but followed closely by the United States. (up 3.3%).

    Japan dragged down Asia results (up 1.1%).
     

  • Industry Trends: C-store traffic up in first quarter

    New York -- The mild winter weather across much of the country helped to offset the negative impact that rising gas prices traditionally have on convenience store visits, according to The NPD Group. NPD’s Convenience Store Monitor reports that in the first calendar quarter of 2012 compared with same quarter a year ago, c-store traffic increased by five percentage points from a year ago quarter and by six percentage points at major oil chain c-stores.

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