Data & Analytics

Kohl's surprises in third quarter
Strong back-to-school sales allowed Kohl's to upstage Macy's in the third quarter.

Kohl's revenue rose a better-than expected 1.2% to $4.43 billion in the period ended Oct. 31. Same-store sales rose 1%. Earnings fell to $120 million, or 63 cents a share, from $142 million, or 70 cents a share, a year earlier. Excluding a loss on the extinguishment of debt, adjusted per-share earnings were 75 cents a share, which also beat expectations.
Kohl's grows sales, but not by much
Strong back-to-school sales allowed Kohl's to upstage Macy's in the third quarter.

Kohl's reported that for the third quarter ended Oct. 31, same store sales increased 1%. It had net income of $120 million, or 63 cents per share, compared with net income of $142 million, or 70 cents per share, in the same period a year before. Revenue rose 1.2% to $4.43 billion.

Field and Stream goes omnichannel

Outdoor enthusiasts can now purchase outdoor goods from the indoor comfort of their homes.
At Dick's, Black Friday is all about social media

While all the major retailers will be offering deals and discounts on Black Friday weekend, Dick's Sporting Goods plans to woo shoppers with an exciting social media promotion.
Amazon.com answers question, what’s for dinner?

Amazon.com has expanded its Prime Now restaurant delivery service to Los Angeles in a move seen as a precursor to expansion of the food ordering capability to all 18 market where the one-hour Prime Now delivery service is offered.
ShopAdvisor, Elle read into seamless shopping

Personalized shopping app ShopAdvisor and Elle magazine are turning readers into brick-and-mortar shoppers.

Elle and ShopAdvisor have released results of the August 2015 “Shop Now With Elle” proximity mobile marketing program. The program connected consumers to retailers and provided them with exclusive content and offers using location-based mobile technology, including beacons and geo-fences.
Three Ways Retailers Can Increase Safety and Sales on Black Friday

Even with a slight decline this past year, Thanksgiving weekend has upheld its reputation as the most popular shopping weekend of the year. Last year, over 130 million people shopped or planned to shop over the holiday weekend, according to the National Retail Federation. More specifically, a whopping 80 million of those shoppers participated in Black Friday shopping.
Field & Stream wades into new channel

Outdoor enthusiasts can now purchase outdoor goods from the indoor comfort of their homes.

The specialty outdoor Field & Stream chain, a 19-store banner of Dick’s Sporting Goods, has launched its first-ever e-commerce website.
Macy’s posts disappointing Q3; pursuing real estate options (but no REIT) and outlet growth

Macy’s Inc. on Wednesday blamed warm weather, weak tourist traffic and excessive inventory for the company's worse-than-expected third quarter results. The company said it will not pursue spinning off its properties into a real-estate investment trust, but that it is studying real estate options for some of its most iconic stores.
Update on American Apparel

American Apparel’s preliminary results for its third quarter are not looking very good.

The beleaguered retailer said it could not meet the deadline to file a quarterly report for the three months ended Sept. 30, noting that efforts related to its Chapter 11 bankruptcy filing in October have taken up a good deal of its time.

But American Apparel released estimates in which net sales for the quarter were down 19.1% to $126 million.
Mall of America lets the sun shine in with massive high-tech skylight

A 3,500-sq.-ft. rotunda “smart” skylight has been installed in the new grand entrance and event space at the nation’s largest shopping mall. The new space is part of Mall of America’s 750,000-sq.-ft. expansion.

The skylight is comprised of more than 300 panes of electronically tintable SageGlass, which controls sunlight to optimize daylight and enhance comfort by preventing glare and solar heat.
Retailers hear Amazon Echo sales potential

The Amazon Echo smart home device represents a potential threat to Amazon’s competitors, but sales are sales.

Amazon Echo will be available in more than 3,000 stores around the country in time for the holiday shopping season. Select locations of ABT, BJ’s Wholesale Club, The Home Depot, Staples, Sears, Brookstone, RadioShack, Fred Meyer, Fry’s, Hhgregg, P.C. Richard & Son, and R.C. Wiley will offer Echo.