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Data & Analytics

  • Costco prevails during holidays

    Costco’s profit fell short of analysts’ estimates at the mid-point in its fiscal year, but business trends were solid in the company’s second quarter with a 4% same store sales increase at U.S. locations.

    The company said its total revenues for the period ended Feb. 14, which included the holidays, increased 2.6% to $28.2 billion. Merchandise and service sales increased 2.6% to $27.9 billion and membership fees increased 3.6% to $603 million.

  • eBags rolls out new executives

    Online specialty luggage retailer eBags Inc. has restructured its senior leadership ranks with several new hires and the promotion of long-time executives.

    Scott Erdman has been named chief merchandising officer and Krista Paul is joining as VP of content innovation. eBags also appointed Mike Frazzini CTO and Chris Seahorn VP of marketing.

  • Survey: Retailers focus on specific marketing channel

    When it comes to marketing technology spend, retailers are overwhelmingly allocating dollars to a particular consumer touchpoint.

    According to a new survey of more than 200 retail marketing executives from digital savings platform RetailMeNot Inc., "The Rise of Mobile Marketing Spend in Retail," 87% of retail marketers plan to invest more in mobile marketing in 2016.

    In comparison, 73% of respondents plan to increase non-mobile digital advertising spend and 62% plan to increase their offline advertising spend.

  • Stage Stores to close 30 units after weak Q4

    Warm weather was a problem for most retailers in the fourth quarter, but Houston-based Stage Stores also got hit by weakness in the energy sector and the Mexican Peso.

  • Fast-fashion powerhouse opens SoHo flagship with a green tint

    Zara has opened an eco-friendly flagship in the heart of Manhattan’s SoHo neighborhood. It is the Spanish retailer’s eight location in Manhattan.

  • Report: Walmart customer data possibly exposed

    Personal information of some Walmart online pharmacy customers reportedly may have been visible online during a four-day period in February 2016.

    According to Reuters, a coding mistake may have exposed basic information such as name, address, date of birth, and prescription history of fewer than 5,000 consumers. The error potentially allowed online Walmart pharmacy customers to view each other’s data if they were logged into their accounts at the same time. Social security numbers and full payment card or health insurance information were not visible.

  • Barnes & Noble grows sales; eyes new format

    Barnes & Noble produced a same-store sales increase in its third quarter which, although meager, is an impressive accomplishment given intense competition from Amazon.

    Sales for the company’s third quarter ended Jan. 30 declined 1.8% to $1.4 billion, due to lower online sales and some store closure. Same-store sales increased 0.2% and if the company NOOK products are excluded the comp increase was 1.3%.

  • Kroger’s comp streak continues, cap-ex to surge

    The lack of food price inflation which has affected the performance of many grocers had little impact on fourth quarter results at Kroger’s, a company whose string of quarterly same-store sales increases has now entered its 13th year.

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