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Data & Analytics

  • Ulta sizzles in Q1 — offline and on

    Ulta Beauty came out of the first quarter starting gate strong, with earnings that easily topped Wall Street estimates and big increases in store and online sales.       While online sales are growing at a fast pace, the beauty products and services retailer isn't slowing down its store growth. It said it will open 100 new stores in its current fiscal year.    
  • Jewelry giant to outsource credit portfolio

    Amid slumping first quarter sales, Signet Jewelers on Thursday announced the first phase of the strategic outsourcing of its in-house credit program, in partnerships with Alliance Data and Progressive Leasing, a subsidiary of Aaron's.  
  • Off-price retailer posts strong Q1

    As many mall-based specialty retailers continue to struggle, off-pricers continue to flourish and expand. And Burlington Stores is no exception.   Burlington's net income in the quarter, ended April 29, increased to $52.4 million, or $.73 per diluted share, which beat Wall Street expectations of 70 cents. In the year-ago period, the retailer reported net income of $37.5 million.   
  • Dollar Tree Q1 profit falls due to charge

    Dollar Tree's profit declined in the first quarter amid an impairment charge related to its divesture to Dollar Express.   
  • Report: Walmart gaining big share in grocery

    Walmart is on fire in grocery and capturing a bigger share from traditional supermarkets.   That's according to Loop Capital analyst Andrew Wolf, who estimates Walmart currently has a 21.5% market share in the U.S. traditional grocery market, reported CNBC.   "Wal-Mart is taking back share from the traditional supermarket at an accelerating rate," Wolf said.  
  • Office supplies giant names marketing chief

    Staples has added a new marketing leader to its executive team.   Michelle Bottomley has been appointed chief marketing officer. In this role, she will be responsible for marketing across Staples, and helping to promote the company’s focus on its North American Delivery business. She will report to Staples’ CEO and president Shira Goodman.  
  • Williams-Sonoma tops estimates

    Williams-Sonoma Inc. on Wednesday reported better-than-expected quarterly results, fueled by a strong performance at its millennial-targeted West Elm division.    The home furnishings retailer's first-quarter earnings were $39.6 million, or 45 cents a share, compared with $39.6 million, or 44 cents a share, in the year-ago period. On an adjusted basis, the company earned 51 cents a share. Analysts had forecast earnings of 49 cents a share.   
  • Top four items on retail tech wish list

    Self-checkout technology tops the list of items that IT professionals would like to see in use over the next year, according to a poll by CompCom.   “It’s perhaps not surprising to see self-checkout rise to the top in the poll, since paying for purchases is probably the least pleasurable part of the shopping experience, and making the process as quick and easy as possible is increasingly important to retailers," said Tom Alvey, senior VP, retail solutions group at CompuCom.  
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