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Business Analytics

  • Cabela’s selects Acorn Systems’ profitability and cost management solution

    Houston -- After a thorough evaluation of major leading profitability systems, Cabela’s Inc. has selected Acorn Systems’ Performance Analyzer because of its expertise in profitability management and its ability to provide a flexible, scalable and elegant platform to drive true net SKU profitability analytics.

  • Ahead of annual meeting, Sears predicts Q1 income growth

    HOFFMAN ESTATES, Ill. — Ahead of its annual shareholders' meeting, Sears Holdings has provided first-quarter guidance calling for net income between $155 million and $195 million (between $1.46 and $1.84 per diluted share from continuing operations) versus a net loss from continuing operations of $165 million ($1.53 loss per diluted share from continuing operations), for the first quarter in 2011.  The above range includes approximately $235 million, after tax and minority interest, of gains from the sale of certain U.S. and Canadian stores.

  • Pep Boys expects Q1 income drop

    PHILADELPHIA — Pep Boys has released preliminary financial results for its first quarter ended April 28 and expects sales to be between $524 million and $526 million compared with $513.5 million for the same period last year. Net income for the quarter is expected to be between $0 million and $2 million, compared with $12.4 million for the same period last year.
                 

  • Office Depot swings to profit in Q1

    Boca Raton, Fla. -- Office Depot Inc. reported Tuesday that it swung to a profit of $41 million in the first quarter ended March 31, compared with a loss of $15 million in the same period last year.

    Sales fell 3.4% to $2.87 billion, missing Wall Street’s expected $2.89 billion in revenue. Same-store sales at the office supply retailer’s North American stores decreased 6%, and total sales for the division dropped 8% to $1.2 billion, impacted by store closures and fewer selling days.

  • Publix sees boost in private stock

    LAKELAND, Fla. — Publix's associates and board members will be pleased with the news that the company's private stock has increased from $22.40 per share to $22.70 per share, effective May 1. Since it is not publicly traded, only current Publix employees and members of its board of directors can buy Publix stock.

  • Cabela’s to deploy SAP point-of-sale application

    Sidney, Neb. -- SAP America Inc., a subsidiary of SAP AG, announced that Cabela’s Inc. has selected the SAP point-of-sale application to support its retail expansion and enhance its customer experience.

    The hunting, fishing and outdoor gear retailer will leverage out-of-the-box functionality inherent in SAP POS to provide increased customer service, as well as system and sales associate efficiency, SAP said.

  • Ingles Markets sees growth in Q2, first half of fiscal 2012

    ASHEVILLE, N.C. — Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

  • New Sears subsidiary offers cloud computing services

    Hoffman Estates, Ill. -- Sears Holdings announced the launch of a wholly owned subsidiary called MetaScale, that will provide data-management services.

    Sears sees the venture as a natural expansion of the resources it has spent to build the infrastructure it needs to manage data for its more than 4,000 Sears and Kmart stores nationwide.

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