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Business Analytics

  • Consumer credit increases for third straight month

    Washington, D.C. -- A report released Tuesday by the Federal Reserve said that U.S. consumer borrowing rose in December for a third consecutive month, led by the first increase in credit-card charges in more than two years as holiday sales improved.

  • McDonald's January global same-store sales up 5.3%

    Oak Brook, Ill. -- McDonald's Corp. reported Tuesday that global same-store sales increased 5.3% in January, comprised of a 3.1% rise in the United States, a 7% increase in Europe and a 5.2% increase in Asia/Pacific, Middle East and Africa.

    Systemwide sales increased 7.4%, or 6.7% in constant currencies, for the month.
     

  • Report: Retailers added more jobs in January

    Washington, D.C. -- A report released Monday by The Conference Board said that retail employers expanded their work forces in January.
     
    The Conference Board’s Employment Trends Index increased 0.2% to 100.5, the highest level in two years. The measure rose 7% from a year earlier.

  • Report: Kronos retail labor index reaches near two-year high

    Chelmsford, Mass. -- Kronos on Monday announced the release of its Retail Labor Index, which showed a February increase to 4.2% from 3.85% in January. (This metric is defined as the percentage of job applications that result in a hiring, normalized within a scale of 0 to 100. A level of 3.0% means that for every 100 applications received, three hirings occurred.)

    February’s metric is the highest the Index has been since August 2008 when it reached 4.45%, according to Kronos.

  • One out of three ain’t bad

    No offense to the grammatically challenged recording artist known as Meatloaf, but the notion that “two out of three ain’t bad” doesn’t apply when the issue is monthly same-store sales at Target.

  • Weis posts 2010 sales gain

    SUNBURY, Pa. — Weis Markets on Thursday reported an 8.7% increase in its fiscal-year 2010 net income to $68.3 million for the 52-week period ended Dec. 25, and said its earnings per share for the year increased 21 cents to $2.54 per share, compared with the same period a year ago.

    The central Pennsylvania grocer reported a sales increase of 4.1% for the year to $2.6 billion. Comparable-store sales were up 1%.

  • comScore: Online spending strong in Q4

    RESTON, Va.  -- According to comScore's Q4 2010  U.S. retail e-commerce sales estimates, online retail spending reached a record $43.4 billion for the quarter, up 11% versus year ago. This growth rate represented the fifth consecutive quarter of positive year-over-year growth and second quarter of double-digit growth rates in the past year.

  • Bebe reports Q2 loss

    Brisbane, Calif. -- Bebe Stores reported a loss for its second quarter as bad weather cut into sales and it closed some stores.

    The clothing company posted a loss of $2.7 million for the quarter compared with a profit of $2.4 million in the same period last year.

    Revenue fell 2% to $132.7 million for the period that ended Jan. 1.

    Same-store sales were flat for the quarter, compared with a drop of 22.5% a year earlier.

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