Business Intelligence (BI)

PLEASANTON, Calif. — Safeway reported net income of $130.2 million (38 cents per diluted share) for the third quarter of 2011 compared with $122.8 million (33 cents per diluted share) for the third quarter of 2010.

Total sales were $10.1 billion in the third quarter of 2011 compared with $9.4 billion in the third quarter of 2010, due primarily to higher fuel sales, a 1.5% increase in identical-store sales (excluding fuel) and a higher Canadian exchange rate.

SUNBURY, Pa. — Weis Markets reported its third quarter sales increased 6% to $678.6 million and that its comparable-store sales increased 6.5% during the thirteen-week period ending Sept. 24 compared with the same period a year ago.

During the period, the company's net income increased 4.1% to $17 million compared with the same period a year ago.  The company's third quarter earnings per share increased to 63 cents compared with 61 cents per share in 2010.

New York City -- Research released Wednesday by PwC found that retail and consumer executives are spending less on security due to insufficient capital, but that they maintain confidence in their information security, despite an increase in security incidents.

Norwalk, Conn. -- A report released Wednesday by GE Capital found that the majority of retail CFOs are fairly optimistic about their industry, even though the outlook for the economy has soured.

According to the GE Capital Middle-Market CFO Survey, 58% of retail CFOs believe their revenues will increase in 2011. However, that has dropped from 80% in the first quarter. Less than half – 42% -- expect to increase capital expenditures, up from 38% in the first quarter.

BOCA RATON, Fla. — Office Depot announced that Office Depot stores hold the top three spots for retail energy efficiency gains at the midpoint of the U.S. Environmental Protection Agency’s (EPA) Energy Star National Building Competition.

New York City -- The Conference Board Employment Trends Index, released Tuesday, showed a decrease in September to 100.95, down from the revised figure of 101.37 in August. The September figure is up 4.4% from the same month a year ago.

Los Angeles -- Retail marketing firm Creative Channel Services said Tuesday that electronics retailer Conn’s will utilize the company’s CyberScholar digital platform to increase retail associate knowledge of home appliance and consumer electronics products.

With the Creative Channel solution, Conn's employees have direct access to product information from multiple manufacturers via the Internet or over the retailer's intranet system.

Dallas -- Tuesday Morning Corp. reported Tuesday that net sales for the quarter ended Sept. 30 edged down 1.2% to $170.7 million, compared with $172.8 million in the year-ago period.

Same-store sales for the period declined 4.1%, comprised of a 5.2% decrease in traffic offset by a 1.1% increase in average ticket.
 

The NPD signed a point-of-sale cooperation agreement with Sam’s Club, the Wal-Mart Stores division, to receive and analyze sales information from Sam’s Club U.S. clubs and SamsClub.com.

Under the agreement, NPD will receive point-of-sale data from Sam’s Club, increasing NPD’s tracking coverage for clubs and e-commerce and providing its clients with a more robust view of market activity in these channels. NPD will also become Sam’s Club’s primary provider of point-of-sale and consumer panel information in the General Merchandise categories.

By Andy Thomas, [email protected]