Data & Analytics

Worthington, Ohio — Target, Kohl’s, Costco, Macy’s and Old Navy, with an honorable mention to J.C. Penney, are the holiday 2013 retail winners, according to business intelligence provider Prosper Insights & Analytics.  The firm on Tuesday released its  Holiday 2013 Retail Winners & Losers list at the Morgan Stanley Global Consumer and Retail Conference.

Aston, Penn. -- Action Services Group  has completed LED retrofits in five Music & Arts stores, with more to come (Music & Arts specializes in the rental and sale of band and orchestra instruments). The LED lighting retrofits, projected to reduce each store’s energy usage by 78% per year, included replacing the existing halogen 75-watt and 90-watt spot lamps covering the sales floor as well as the hanging-instrument walls with 16-watt LED spot lamps.

Best Buy warned that its margins may take a hit this quarter in what is shaping up to be an extremely competitive environment, following third quarter results. The company posted a net income of $54 million for the quarter amid tight cost controls, compared to a net loss of $10 million during the same period a year earlier.

The chain posted revenue of $9.36 billion, which was flat with last year and below analyst expectations of $9.37 billion.

Draper, Utah -- Online eyewear retailer glasses.com is launching its virtual try-on app for iPhone and iPod touch devices. The glasses.com virtual try-on app launched this past July for iPad.

Online eyewear retailer glasses.com is launching its virtual try-on app for iPhone and iPod touch devices. The glasses.com virtual try-on app launched this past July for iPad.

Los Angeles -- Mobile shopping continues to rise, with almost one-quarter (23%) of consumers planing to shop using a mobile device this year, up 44% from 2012, according to PriceGrabber’s second Winter Holiday Survey. In addition, when respondents were asked to select all the ways they plan to shop for gifts, 88% said online from a desktop computer and 47% said they plan to visit brick and mortar stores, with 46% who plan to make fewer trips to retail stores this year.

Philadelphia -- Urban Outfitters’ third quarter profit increased 18%, helped by strong results at its Anthropologie and Free People divisions. The company's quarterly earnings per share and sales both in above estimates.

Urban Outfitters’ net income totaled $70.2 million, up 18% from $59.5 million.

Net sales equaled about $774 million, a 12% increase from $692.9 million. Same-store segment net sales, which include the direct-to-consumer channel, increased 7%.

New York -- Fairway Market has launched a new mobile app that is designed to provide an enriched experience for its shoppers who love to cook and explore the unique products that make Fairway an iconic market shopping destination. It is available on the iPhone App Store, and can be downloaded right in Fairway Market because all Fairway stores offer free Wi-Fi.