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Business Analytics

  • Kroger’s comp streak continues, cap-ex to surge

    The lack of food price inflation which has affected the performance of many grocers had little impact on fourth quarter results at Kroger’s, a company whose string of quarterly same-store sales increases has now entered its 13th year.

  • Costco prevails during holidays

    Costco’s profit fell short of analysts’ estimates at the mid-point in its fiscal year, but business trends were solid in the company’s second quarter with a 4% same store sales increase at U.S. locations.

    The company said its total revenues for the period ended Feb. 14, which included the holidays, increased 2.6% to $28.2 billion. Merchandise and service sales increased 2.6% to $27.9 billion and membership fees increased 3.6% to $603 million.

  • Aldi takes energy management to the cloud

    Discount grocer Aldi has deployed an energy management solution that gives it control and visibility across its nearly 1,500 U.S. stores.

    The chain has implemented Siemens’ Site Controls energy management system, with the majority of the installations involving retrofits at existing stores where thermostats or third-party energy management systems were replaced. But the system has been deployed in newly constructed stores as well. Aldi will also install the Site Controls system in new stores as it continues to expand across the nation.

  • Weather boosts sales at Big 5 Sporting Goods

    Cold winter weather in the Western states helped Big 5 Sporting Goods post an increase in same-store sales and profit in the fourth quarter.

    For the fourth quarter ended Jan. 3, the retailer said net sales increased to $275 million from net sales of $250.3 million for the fourth quarter of fiscal 2014. Same-store sales increased 0.1% for the fourth quarter of fiscal 2015 and 1.4% for the full year.

  • Shoppers stay away from Ann Taylor, Justice over holidays

    Ascena says its second quarter revenue got a big boost from the acquisition of Ann Inc., but same-store sales declined sharply during the period.

    For the second quarter ended Jan. 23, the companyreported a net loss of 12 cents per diluted share compared to net income of 5 cents per diluted share in the same period of fiscal 2015.Net sales were $1.842 billion compared to $1.289 billion last year, with the increase driven by the acquisition of Ann Inc. Second quarter total comparable sales were down 6%.

  • Family Dollar helps Dollar Tree win customers in Q4

    Dollar Tree says the integration of Family Dollar stores helped grow sales and profit in the fourth quarter.

    For its fourth quarter ended Jan. 30, net sales at Dollar Tree were $5.37 billion, a 116.7% increase from the same period a year ago. The boost in revenue was the result of $2.68 billion in sales from the Family Dollar d. Same store sales increased 1.7%. Profit was $229 million, up by $22.4 million from a year ago. 

  • Retail real estate services firm well positioned for continued growth

    North Plainfield, N.J. -- Levin Management announced a series of promotions and new hires to support continued growth and expansion in 2016.

    “This is an exciting time for our company,” noted Matthew K. Harding, president for Levin. “We ended 2015 on a very positive note, and expect this momentum to continue throughout 2016. Our internal promotions and new staff additions ensure that we will consistently meet, and exceed, client expectations as we strengthen Levin’s presence in key markets throughout the Northeast.”

  • Dollar Tree misses in Q4 despite sales boost from Family Dollar

    Dollar Tree on Tuesday credited sales at its Family Dollar division as helping to boost the company’s overall results for the fourth quarter. But the increase still fell short of analysts expectations.

    Sales for the quarter ended Jan. 30 totaled $5.37 billion, a 116.7% increase from the year-ago period but still less than expected. The boost in revenue was the result of $2.68 billion in sales from the Family Dollar segment.

  • More good news for J.C. Penney

    J.C. Penney on Monday received an official vote of confidence in its performance: an improved credit rating.

    Fitch Ratings upgraded Penney’s credit rating, saying the department store retailer has “demonstrated a meaningful turnaround of its business over the last over the last two years.” Fitch upgraded Penney from B- to B with a positive outlook.

  • Lumber Liquidator woes continue in Q4

    Things were worse than expected for Lumber Liquidators in the fourth quarter, which experienced decreased customer activity that was likely due to cancer-related concerns over its laminate flooring.

    Net sales for the quarter ended Dec. 31, 2015 were down 13.7% year-over-year to $234.8 million, including a comparable store net sales decline of 17.2% that was based on a 15.6% decrease in customer count and a 1.6% decrease in the average sale.

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