Business Analytics

New York City -- Walgreens on Friday reported that its same-store sales rose 3.2% in November. The drugstore operator’s total sales rose 8.6% to $5.83 billion. (Duane Reade stores, acquired in April 2010, contributed 2.8% points to the total sales increase for the month. But those stores are not included in the same-store sales report.)

Meanwhile, Rite Aid Corp. reported that its November same-store sales fell 1.3% due to the introduction of new generic drugs and a decline in prescriptions resulting partly from a milder flu season.

Beaumont, Texas -- Consumer electronics chain Conn's reported Thursday that it narrowed its loss for the quarter ended Oct. 31 to $5.1 million, compared with a $14.4 million loss a year earlier.

Revenue fell 14% to $169.9 million, from $197.5 million. Analysts expected revenue of $167.1 million.

Same-store sales fell 16.3% during the quarter.

Washington, D.C. -- Fewer Americans filed claims for unemployment insurance payments over the past month, indicating some positive movement in the job market.

According to the latest labor department figures, the number of applications for jobless benefits averaged 431,000 a week over the month ended Nov. 27, the lowest level since August 2008. Claims increased by 26,000 last week, more than forecast, to 436,000, after reaching a two-year low.

Chain Store Age recently conducted a survey of leading grocery executives to find out how the industry perceives analytics and how they are using analytics models in key operational areas such as forecasting, price optimization, space planning, and customer marketing.

Fort Worth, Texas -- Pier 1 Imports said on Thursday that its same-store sales rose 10.2% for the quarter ended Nov. 27, a little better than it had expected when it made a prediction last month.

Third-quarter total revenue rose 8.3% to $354 million.

President and CEO Alex W. Smith said strong results in September and October carried into November and the Thanksgiving weekend. Pier 1 stores got more visitors who spent more money, compared with the same period last year, Smith said.

Cincinnati -- Kroger Co. rang up better sales and returned to third-quarter profitability but the company warned that shoppers remain cautious.

The Cincinnati-based grocer reported Thursday that net income was $202.2 million, compared with a loss of $875 million a year earlier.

Revenue was up 5.9% to $18.7 billion.