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Data & Analytics

  • Rite Aid same-store sales grow 5.5% in Oct.

    Camp Hill, Penn. –- Same-store sales increased 5.5% in Oct. 2014 at Rite Aid Corp. compared to the same month in the prior year. Total drugstore sales rose 5% to $2.06 billion compared to $1.96 billion.   October front-end same store-sales increased 2%. Pharmacy same-store sales, which included a negative impact from new generic introductions, increased 7.1%.
  • Report: Wal-Mart testing holiday price-matching

    Bentonville, Ark. –- Wal-Mart is reportedly testing a price-matching program it may use for the upcoming holiday season. According to the Wall Street Journal, Wal-Mart is currently piloting price-matching with local competitors in brick-and-mortar stores but may expand the program nationally and include online competitors like Amazon.com.  
  • U.K. convenience store One Stop extends Galleria merchandising rollout

    Wolverhampton, U.K. –- U.K.-based convenience chain One Stop has been using Galleria’s Customer Centric Merchandising solution for planogram automation and optimization for a number of years, and is now implementing the Galleria Behavioral Cluster Planning tool. The new solution will provide a better understanding of consumers, assisting One Stop to understand how their categories are being shopped.   
  • Study: Online grocery sales to near $100 billion by 2019

    Rockville, Md. -- Online grocery shopping sales will grow roughly fourfold from about $23 billion in 2014 (accounting for 3.5% of total online and offline grocery spending) to approach $100 billion by 2019 (capturing 12% of total grocery spending). Market research publisher Packaged Facts forecasts that online grocery service providers will develop models that solve logistics problems while being profitable for the operators.   
  • QVC enhances smartphone, tablet experience

    West Chester, Penn. –- QVC will introduce a new in-app mobile feature in the coming weeks that allows customers to make purchases with a touch of their finger. Using Apple's fingerprint sensor technology, Touch ID, the QVC for iPhone app now gives customers the option to log in to their QVC accounts on all iOS 8-enabled iPhone 5S, 6 and 6+ mobile devices using only their fingertip to authenticate their identity.   
  • Tech Guest Viewpoint: Remote Access Helps Solve Retail Tech Challenges

    By Nick Hidalgo, Redner’s Markets Inc.    The evolution of POS systems and other in-store innovations, such as self-service checkout and mobile payments, are changing how grocers serve their customers. While these solutions introduce convenience, they often result in a greater number of in-store devices and systems, as well as an increasingly complex computing network.  
  • Starbucks swings to profit in Q4, plans 1,650 new stores

    Seattle –- Starbucks Corp. topped off a generally successful fourth quarter of fiscal 2014 by swinging to net income of $587.9 million from net loss of $1.23 billion the fourth quarter of the prior fiscal year. The removal of a one-time arbitration charge of $2.8 billion helped bring Starbucks into the black.  
  • Taxes hit Blue Nile income in Q3

    Seattle –- A switch from an income tax benefit to income tax expense helped drive a reduction in net income at online jewelry retailer Blue Nile Inc. during the third quarter of fiscal 2014. Blue Nile reported net income of $1.65 million, down 43% year-over-year from $2.9 million. Net sales increased 7% to $105.8 million compared to $98.9 million. The company remains optimistic for the remainder of the year.  
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