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Data & Analytics

  • Teen apparel chain revamps app experience

    Pacific Sunwear of California is stepping up its game to better connect with its mobile-savvy customers.   Through a partnership with PredictSpring, the teen apparel chain has launched a new mobile app experience — one that is faster and more and visually rich. For example, the new app links to Instagram Shop-the-Look, a service that allows customers to browse and purchase directly from the PacSun Instagram feed.  

  • Nordstrom’s app lets shoppers ‘reserve online, try on in-store’

    An upscale department store retailer has a new way to bridge the gap between its online and offline shopping experiences.    Nordstrom is rolling out its Reserve Online & Try In-store service to approximately 40 stores across the country. As the program’s name implies, the service allows customers to select items online and try them on in person at their nearest Nordstrom store.  

  • Discount retailer outperforms in Q2

    Big Lots topped Street estimates in its second quarter as shoppers continue to seek out bargains.    Net income rose 28.2 % to $29.1 million, or $0.67 per diluted share, in the quarter ended July 29, 2017, from adjusted income of $23.4 million, or $0.52 per diluted share, in the year-ago period. Analysts had expected the company to earn $0.62 per share  

  • Sprouts-anchored center acquired

    Riverstone Capital Group has purchased the 43,199-sq.-ft. Shops at Lexington Circle in the Atlanta suburb of Peachtree City.   Anchored by a Sprouts Farmers Market and located on the West Highway 54 retail corridor, the property offered for sale by Mirabeland Investments and Concordia Properties was not on the market long, according to the deal’s broker.  

  • Square opens its first brick-and-mortar store

    Mobile payments processor Square has set up shop in New York City.   The company has opened a store, called Square Showroom and located in downtown Manhattan, that provides hands-on support for merchants using its technology and space to display — and let sellers experience — its POS hardware. The store includes a Genius Bar-like support desk, where sellers can make appointments with Square employees to troubleshoot a specific issue or get training on a new product.  

  • Ulta Beauty beats Street; on track to open 100 stores in 2017

    Ulta Beauty turned in another winning quarterly performance, besting analysts' earnings and sales estimates. The beauty powerhouse also raised its fiscal 2017 guidance.   One of the few specialty retailers with an aggressive store opening program, Ulta Beauty said it remains committed to opening 100 new locations in 2017. It will also remodel 11 stores and relocate seven others.  

  • Amazon-Whole Foods Market deal closes Aug. 28; grocer to cut some prices immediately

    That didn't take very long.    Amazon said on Thursday — the day after the Federal Trade Commission gave the green light to the deal — that its $13.7 billion acquisition of Whole Foods Market will close on Monday Aug. 28. Starting that same day, Whole Foods will offer lower prices on select products. And with time, Amazon will place lockers in Whole Food stores, and make Amazon Prime the grocer's customer rewards program.   

  • Dollar store giant beats Street

    Dollar Tree turned in a strong quarterly performance that blew past profit and sales forecasts as consumers' love affair with dollar stores shows no signs of abating.    Net income rose to $233.8 million, or 98 cents per share, in the second quarter ended July 29, from $170.2 million, or 72 cents per share, in the year-ago period. Excluding items, Dollar Tree earned 99 cents per share, beating the analysts' estimate of 87 cents per share.  
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