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Business Analytics

  • Groupon makes a cross-platform deal

    Online deal provider Groupon is offering it merchants new digital tools designed to ease the creation and management of marketing campaigns across Web, mobile and tablet devices.

    The updates are being provided under the Groupon Merchant brand, a new tablet app that allows users to track and manage their Groupon campaign and more self-service deal options. The goal is to deliver the ability to customize the structure and appearance of Groupon promotions.

    Specific new digital Groupon offerings include:

  • Report: Instacart cuts costs, hikes fees

    Reducing expenses and increasing prices are two ways for a company to make money, and Instacart is reportedly doing both.

    According to the San Francisco Business Times, Instacart is reducing how much drivers get paid for each delivery, as well as the commission paid on each item. In the San Francisco market, the pay per delivery will be reduced 63% to $1.50 from $4.00, while commission per item will be cut 50% to 25 cents from 50 cents.

  • Weis Markets posts annual sales increase of 3.6% to $2.9 billion

    Weis Markets last week announced that its fourth quarter sales increased 2.8% to $734.1 million while its comparable store sales increased 2.8%, compared to the same period a year ago.

  • Albertsons partners with IRI on technology

    Albertsons, the second largest grocery chain in the United States, has selected a new partner for point-of-sale data, consumer panel insights and strategic growth initiatives to support joint business collaboration.

  • Sales, profit decline at Citi Trends

    Growth at Citi Trends Inc. seems to be slowing, as the retailer reported a drop in comps and profit in the fourth quarter.

  • Retail doldrums drag down The Buckle

    Sales at teen retailer The Buckle slowed down over the holiday quarter, as a steep decline in comps negatively affected revenue.

  • Genesco tops $3 billion mark in 2015

    Specialty retailer Genesco surpassed a significant sales milestone last year, but the operator of nearly 2,700 stores faced some self-imposed profitability challenges as it posit

  • Surging Dollar General to open record number of stores in 2016

    Dollar General reported record sales and profits last year and plans to extend the streak in 2016 with 900 stores and an even greater number in subsequent years, according to the company’s new financial targets.

    In 2015, Dollar General opened 730 new stores and remodeled or relocated 881 stores which combined with a 2.8% same store sales increase allowed it to grow total sales 7.7% to $20.4 billion. The company ended its fiscal year on Jan. 29, with 12,483 stores.

  • Sports Authority supplier slashes forecast

    Sport Authority’s decision to file bankruptcy is contributing to one of its suppliers making a major downward revision to a 2016 profit forecast.

    Performance Sports Group, a supplier of team sports equipment under the Bauer and Easton brands, slashed its profit forecast for the current fiscal year by 55 cents to a range of 12 cents to 14 cents from a range of 66 cents to 69 cents. Nine cents of the shortfall was attributed to anticipated losses from “a U.S. national sporting goods retailer that has filed under chapter 11.”

  • Checkers & Rally to use pre-screening tool for real estate location decisions

    Checkers Drive-In Restaurants is employing a high-tech solution to help it expand throughout the United States.

    The fast-casual chain has partnered with Buxton to identify growth opportunities for Checkers & Rally's restaurants. The company, which operates and franchises both Checkers and Rally's restaurants, currently has more than 800 locations nationwide.

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