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Data & Analytics

  • Lowe’s under on profit, over on revenue in Q2; plans 15-20 new stores

    Mooresville, N.C. – Lowe’s Companies Inc. missed Wall Street expectations for profit but beat the Street with revenue in a mixed second quarter of fiscal 2015. Net earnings totaled $1.13 billion, up 8% from $1.04 billion the same quarter a year earlier.

    Lowe’s achieved its lower-than-expected profit increase by limiting growth of costs and expenses while beating expectations with net sales of $17.35 billion, up 4% from $16.6 billion. Same-store sales increased 4.3%.

  • Tech Guest Viewpoint: EMV: Why Online Retailers Should Pay Attention

    If you’ve got a physical shop in the U.S., chances are you’re well acquainted with the upcoming deadline for getting an EMV card reader: October 1, 2015. And you’re probably also very aware that if you don’t have this device and complete all your compliance steps, you’ll be on the hook for all the painful chargebacks and related costs that come with fraudulent credit card transactions.

  • American Dairy Queen freezes out hackers

    Minneapolis – American Dairy Queen Corp. (ADQ) is doing its best to freeze out hackers and other security risks with a managed firewall solution from Netsurion. The remotely hosted platform helps ADQ provide security across a network of corporate and franchised stores.

  • Target trumps Wal-Mart with Q2 success

    Minneapolis – Target Corp. exceeded Wall Street projections with net earnings of $753 million in the second quarter of fiscal 2015, a 221% increase from $234 million the same period the prior fiscal year. Declining selling, general and administrative (SG&A) expenses and loss from discontinued operations helped boost profits as sales climbed.

    Target reported net sales of $17.4 billion, up 2.8% over the same period last year.

  • American Eagle soars past Street in Q2

    Pittsburgh – American Eagle Outfitters Inc. flew high in the second quarter of fiscal 2015, surpassing Wall Street expectations for profit and revenue. AEO reported net income of $33.26 million, an almost six-fold increase from $5.81 million in the prior year period.

    The growth pace of cost of sales and expenses was slower than that of sales, helping AEO report such a dramatic rise in profit. Operating income also significantly improved. Total net revenue increased 12% to $797 million from $711 million, aided by an 11% jump in same-store sales.

  • Five Steps Toward Preventing a Retail Breach

    In today’s news cycle, it’s become somewhat standard fare to read reports of a significant breach in the retail world. From Target to Neiman Marcus, UPS to eBay and even restaurants like P.F. Chang's and Dairy Queen, 2014 resulted in major retail breaches totaling 100 million credit cards and 313 million personal records. But it’s not just the big names that have targets on their backs; as Verizon’s 2015 Data Breach Investigations Report details: “the attack methods are becoming more varied, even against small businesses.”

  • JDA, IBM offer end-to-end buying efficiency

    Scottsdale, Ariz. – JDA Software Group Inc. is launching new integrated fulfillment capabilities that combine the functionality of JDA intelligent fulfillment and labor productivity solutions with order management solutions from IBM Commerce. This technology collaboration is designed to let retailers process orders more intelligently and profitably across sales channels in real-time, to ensure customers have a positive end-to-end buying experience.

  • Expenses nail Ace profit in Q2

    Oak Brook, Ill. – Increased retail operating expenses, primarily related to store acquisitions and advertising, helped reduce profit at Ace Hardware Corp. during the second quarter of fiscal 2015. Net income totaled $57.5 million, a 13% drop from $66.5 million the same quarter a year earlier.

    Consolidated revenues fared better, rising 6% to $86.2 billion from $84.8 billion.

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